MARA Holdings, Inc.
Close on Oct 19, 2026
- Market cap
- $2.81B
- P/E (TTM)
- –
- Dividend yield
- –
About MARA
Finance Services, SIC 6199
MARA Holdings, Inc. operates as an energy and digital infrastructure enterprise focused on acquiring, managing, and allocating power resources to high-value computing operations. The company utilizes Bitcoin mining as an energy-responsive workload to monetize excess and underutilized power across its infrastructure assets. In addition to mining operations, the organization develops artificial intelligence inference and high-performance computing capabilities, delivering inference compute capacity, private cloud systems, and related technology infrastructure to third-party commercial and public sector clients.
The enterprise maintains digital infrastructure across four continents, running eighteen data centers situated throughout North America, Europe, the Middle East, and Latin America. Its operating footprint encompasses approximately 1.9 gigawatts of total capacity, spanning major operational facilities across Texas, Ohio, and North Dakota, alongside international locations in France and the United Arab Emirates. The provided report details global operational sites, but it does not disclose the location of the corporate headquarters.
Summary of the business section of MARA's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MARA Holdings, Inc.
- Founded
- 2010
- Headquarters
- Hallandale Beach, FL
- Address
- 1010 South Federal Highway, Suite 2700 33009
- Phone
- (800) 804-1690
- Website
- mara.com
- Employees
- 266, Dec 31, 2025
- Industry
- Finance Services
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Baltimore, Maryland
Stock & identifiers
- Ticker
- MARA
- Exchange
- Nasdaq
- Shares outstanding
- 386M, Jul 30, 2026
- Public float
- $5.70B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-4 reverse, May 10, 2019; 1-for-4 reverse, Apr 8, 2019; 1-for-4 reverse, Nov 20, 2017; 1-for-4 reverse, Oct 30, 2017; 2-for-1, Mar 26, 2015; 2-for-1, Dec 23, 2014; 1-for-13 reverse, Aug 14, 2013; 1-for-13 reverse, Jul 22, 2013
- SEC CIK
- 1507605
- CUSIP
- 565788106
- ISIN
- US5657881067
- LEI
- 549300M8ISKPTX2W7F94
- EIN
- 01-0949984
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Frederick G. Thiel | Chief Executive Officer, Director | 4,308,192 |
| Zabi Nowaid | General Counsel | 890,404 |
| Salman Hassan Khan | Chief Financial Officer | 1,967,422 |
| Craig A. Hart | Director | – |
| Nancy K. Novak | Director | – |
| Douglas K. Mellinger | Director | 246,618 |
| Janet George | Director | 136,339 |
| Georges Antoun | Director | 250,639 |
| Jay P. Leupp | Director | 261,618 |
| Barbara Humpton | Director | 136,339 |
| Vicki Mealer-Burke | Director | 140,862 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Fred Thiel | $27.05M | $6.23M | $12.50M | $86 | $62 |
| FY2024 Fred Thiel | $43.24M | $52.09M | $20.01M | $161 | $51 |
| FY2023 Fred Thiel | $36.12M | $29.52M | $9.36M | $225 | $74 |
| FY2022 Fred Thiel | $7.11M | $5.94M | $2.73M | $33 | $16 |
| FY2021 Fred Thiel | $18.02M | $4.66M | $1.87M | $315 | $116 |
| FY2021 Merrick Okamoto | $143.78M | $199.44M | $1.87M | $315 | $116 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had a total workforce of approximately 266 full-time employees located in the United States and the United Arab Emirates, including professionals in accounting, communications, engineering, finance, growth, human resources, information technology, investor relations, legal and operations.”
Corporate history
Events identified from SEC filings