Barclays Starts Marathon Digital Holdings (MARA) at Equalweight

Go back to Barclays Starts Marathon Digital Holdings (MARA) at Equalweight

MARA (MARA) call put ratio 3 calls to 1 put with focus on January 24 calls as share price up 4%

November 21, 2024 10:15 AM EST

MARA (NASDAQ: MARA) 30-day option implied volatility is at 152; compared to its 52-week range of 80 to 195. Call put ratio 3 calls to 1 put with focus on January 24 calls as share price up 4%.

... More

Compass Point Downgrades Marathon Digital Holdings (MARA) to Neutral

November 21, 2024 9:36 AM EST

Compass Point analyst Chase White downgraded Marathon Digital Holdings (NASDAQ: MARA) from Buy to Neutral with a price target of $25.00.

The analyst comments "MARA reported revenues of $132M and ProForma Adj. EBITDA (ex BTC G/L) of ($9M) loss with hash costs coming in at $0.05, which was below our estimates. MARA recently announced the addition of ~372MW across three sites in Ohio - two sites acquired for $2.7K/MW offering 122MW of interconnection approval with potential to expand... More

MARA (MARA) Completes $1 Billion Offering of 0% Convertible Senior Notes due 2030

November 21, 2024 8:06 AM EST

MARA Holdings, Inc. (NASDAQ: MARA) (MARA or the Company), a global leader in leveraging digital asset compute to support the energy transformation, today announced the closing on November 20, 2024 of its offering of 0.00% convertible senior notes due 2030 (the notes). The aggregate principal amount of the notes sold in the offering was $1 billion, which includes $150 million aggregate principal amount of notes issued pursuant to an option to purchase, within a 13-day period beginning on, and including, the date on which the notes were first issued, granted to the initial purchasers under the purchase agreement, which the initial... More