$MARA Holdings (MARA.US)$ No buy call, manage your risk Buy ...
No buy call, manage your risk
Buy with facts, sell with hype
Key Highlights of MARA
Business
1. Mining Capacity: MARA operates with a mining capacity of approximately 40.2 EH/s (as of October 2024), reflecting substantial growth in its operations.
2. Bitcoin Holdings: MARA holds approximately 26,747 BTC, valued at $2.63 billion based on the current Bitcoin price of $98,200.
Technical
3. Hash Rate Growth: In October 2024, MARA’s operational hash rate reached 40.2 EH/s, up by 14% from September’s 35.2 EH/s, showing rapid month-over-month expansion.
4. Energy Efficiency: MARA continues to prioritize achieving 100% renewable energy usage for mining operations by 2025, reinforcing its commitment to sustainability.
Strengths
5. Revenue Growth: MARA reported $81.8 million in Q3 2024 revenue, reflecting its ability to scale effectively in a volatile market.
6. Institutional Backing: Institutional investors own 55.37% of MARA’s shares, indicating strong confidence from large financial players.
Weaknesses
7. High Debt Levels: MARA carries $320 million in liabilities, including convertible senior notes maturing in 2026, which could limit financial flexibility.
8. Bitcoin Price Sensitivity: MARA’s revenue remains highly correlated with Bitcoin prices, making it vulnerable to significant cryptocurrency market volatility.
Cash Flow
9. Net Cash Position: After accounting for its debt of $320 million, MARA’s net cash position is estimated at approximately $2.31 billion, based on a current Bitcoin price of $98,200.
Ownership
10. Institutional Ownership: Institutional investors hold 55.37% of MARA shares, reflecting robust interest from professional investors.
11. Insider Ownership: Insiders hold 13.78% of shares, aligning executive interests with those of shareholders.
Future
12. Expansion Plans: MARA is targeting a mining capacity of 50 EH/s by 2025, supported by its new facilities in Ohio, which will add an additional 372 MW of power.
13. Diversification: The company is actively investing in AI and HPC (High-Performance Computing) infrastructure, capitalizing on a growing global market projected to reach $80 billion by 2030.
Business
1. Mining Capacity: MARA operates with a mining capacity of approximately 40.2 EH/s (as of October 2024), reflecting substantial growth in its operations.
2. Bitcoin Holdings: MARA holds approximately 26,747 BTC, valued at $2.63 billion based on the current Bitcoin price of $98,200.
Technical
3. Hash Rate Growth: In October 2024, MARA’s operational hash rate reached 40.2 EH/s, up by 14% from September’s 35.2 EH/s, showing rapid month-over-month expansion.
4. Energy Efficiency: MARA continues to prioritize achieving 100% renewable energy usage for mining operations by 2025, reinforcing its commitment to sustainability.
Strengths
5. Revenue Growth: MARA reported $81.8 million in Q3 2024 revenue, reflecting its ability to scale effectively in a volatile market.
6. Institutional Backing: Institutional investors own 55.37% of MARA’s shares, indicating strong confidence from large financial players.
Weaknesses
7. High Debt Levels: MARA carries $320 million in liabilities, including convertible senior notes maturing in 2026, which could limit financial flexibility.
8. Bitcoin Price Sensitivity: MARA’s revenue remains highly correlated with Bitcoin prices, making it vulnerable to significant cryptocurrency market volatility.
Cash Flow
9. Net Cash Position: After accounting for its debt of $320 million, MARA’s net cash position is estimated at approximately $2.31 billion, based on a current Bitcoin price of $98,200.
Ownership
10. Institutional Ownership: Institutional investors hold 55.37% of MARA shares, reflecting robust interest from professional investors.
11. Insider Ownership: Insiders hold 13.78% of shares, aligning executive interests with those of shareholders.
Future
12. Expansion Plans: MARA is targeting a mining capacity of 50 EH/s by 2025, supported by its new facilities in Ohio, which will add an additional 372 MW of power.
13. Diversification: The company is actively investing in AI and HPC (High-Performance Computing) infrastructure, capitalizing on a growing global market projected to reach $80 billion by 2030.
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每天都在學習中 : Is it that good? May I ask?
Patience3to6Lumen OP 每天都在學習中 : Bitcoin reaching 100,000 mark could be a dangerous line
每天都在學習中 Patience3to6Lumen OP : 什麼意思先生⋯⋯我看到它已經漲了二天之前