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MARANasdaqFinance ServicesFiscal year ends December 31

MARA Holdings, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$7.38−0.16 (-2.06%)

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

NamePositionShares owned
Frederick G. ThielChief Executive Officer, Director4,308,192
Zabi NowaidGeneral Counsel890,404
Salman Hassan KhanChief Financial Officer1,967,422
Craig A. HartDirector–
Nancy K. NovakDirector–
Douglas K. MellingerDirector246,618
Janet GeorgeDirector136,339
Georges AntounDirector250,639
Jay P. LeuppDirector261,618
Barbara HumptonDirector136,339
Vicki Mealer-BurkeDirector140,862

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer 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

DateEventDetails
Jul 9, 2026Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Mar 10, 2025Auditor changeChange in certifying accountant (8-K Item 4.01)
Aug 14, 2024Name changeName changed from MARATHON DIGITAL HOLDINGS, INC. to MARA Holdings, Inc.
Feb 28, 2023Late filingNotification of late filing
Nov 9, 2022Late filingNotification of late filing
Mar 1, 2022Late filingNotification of late filing
Jul 22, 2021Auditor changeChange in certifying accountant (8-K Item 4.01)
Feb 19, 2021Name changeName changed from Marathon Patent Group, Inc. to MARATHON DIGITAL HOLDINGS, INC.
Jan 7, 2021Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Apr 22, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Apr 9, 2020Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 14, 2019Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 12, 2019Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
May 24, 2019Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Oct 22, 2018Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Aug 22, 2018Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jul 13, 2018Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
May 16, 2018Late filingNotification of late filing
Apr 2, 2018Late filingNotification of late filing
Mar 20, 2018Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Feb 20, 2018Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Jan 16, 2018Auditor changeChange in certifying accountant (8-K Item 4.01)
Jan 8, 2018Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Dec 18, 2017MergerRegistration of securities for a merger or exchange offer (S-4)
Dec 1, 2017Auditor changeChange in certifying accountant (8-K Item 4.01)
Nov 15, 2017Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Nov 14, 2017Late filingNotification of late filing
Oct 20, 2017Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)
Oct 2, 2017Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jul 20, 2017Listing noticeNotice of delisting or failure to satisfy a listing rule (8-K Item 3.01)