Dernières nouvelles pour MARA Holdings (NASDAQ:MARA) Stock

MARA Holdings

Marathon Digital Holdings

MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value.

MARA Holdings Inc

Marani Brands Inc

MARATHON BANCORP INC by Marathon Bancorp Inc.

Marathon Bancorp Inc

Marathon Gold Corp

MARATHON GROUP CORP by Marathon Group Corp.

Marathon Group Corp

Marathon Oil Corp

Marathon Petroleum Corporation Common Stock

Marathon Petroleum Corp

Maravai LifeSciences Holdings, Inc. - Class A common stock

Maravai LifeSciences Holdings Inc

Investors with a lot of money to spend have taken a bullish stance on MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MARA, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 16 options trades for MARA Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 31%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $27,900, and 15, calls, for a total amount of $723,833.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $3.5 to $32.0 for MARA Holdings over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for MARA Holdings options trades today is 5080.44 with a total volume of 8,985.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for MARA Holdings's big money trades within a strike price range of $3.5 to $32.0 over the last 30 days.
<h3>MARA Holdings 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732030288_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$15.0</td>
<td>$14.25</td>
<td>$15.0</td>
<td>$3.50</td>
<td>$150.0K</td>
<td>459</td>
<td>100</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$0.83</td>
<td>$0.78</td>
<td>$0.79</td>
<td>$22.00</td>
<td>$132.1K</td>
<td>4.9K</td>
<td>1.6K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$5.15</td>
<td>$5.05</td>
<td>$5.1</td>
<td>$19.00</td>
<td>$50.9K</td>
<td>2.5K</td>
<td>522</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$0.78</td>
<td>$0.74</td>
<td>$0.75</td>
<td>$30.00</td>
<td>$44.7K</td>
<td>42.9K</td>
<td>1.3K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/27/24</td>
<td>$2.98</td>
<td>$2.98</td>
<td>$2.98</td>
<td>$19.00</td>
<td>$43.5K</td>
<td>525</td>
<td>226</td>
</tr>
</tbody>
</table>

<h3>About MARA Holdings</h3>
MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value.
After a thorough review of the options trading surrounding MARA Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>MARA Holdings's Current Market Status</h3>
<ul>
<li>With a trading volume of 27,438,674, the price of MARA is up by 5.66%, reaching $19.13.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 99 days from now.</li>
</ul>
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Options

Markets

MARA

MARA Holdings Unusual Options Activity

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining stock MARA Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) is trading higher Tuesday, bouncing back from a sharp selloff on Monday sparked by a $700 million offering. Here&#8217;s what <a href="https://www.benzinga.com/quote/MARA">you need to know</a>.
What Happened: MARA Holdings shares sold off on Monday, outpacing declines in peers after the company announced a proposed private offering of $700 million worth of convertible senior notes. 
Late Tuesday, MARA Holdings upsized the oversubscribed offering to $850 million worth of 0.00% convertible senior notes due 2030. The notes will be sold in a private offering to qualified institutional buyers.
MARA Holdings also granted the initial purchasers a 13-day option to purchase up to an additional&nbsp;$150 million of the notes. The offering is expected to close on Nov. 20. 
MARA said it plans to use approximately&nbsp;$199 million&nbsp;of the net proceeds from the sale of the notes to repurchase&nbsp;$212 million&nbsp;in aggregate principal amount of its existing convertible notes due 2026. The company plans to use the remainder of the proceeds to acquire additional Bitcoin. 
Check This Out: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42042019/bitcoin-buyer-spree-microstrategy-acquires-4-6b-in-btc-metaplanet-issues-11-4m-in-bonds-to-fund-purchases">Bitcoin Buyer Spree: MicroStrategy Acquires $4.6B In BTC, Metaplanet Issues $11.4M In Bonds To Fund Purchases</a>
Earlier this year, MARA Holdings adopted a <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39958725/marathon-digital-buys-bitcoin-adopts-full-hodl-strategy-whats-going-on-with-the-mining-sto">"full HODL"</a> approach to its Bitcoin treasury policy, retaining all Bitcoin it mines and periodically making strategic open market purchases. The company said it held a total of <a href="https://www.benzinga.com/news/earnings/24/11/41923273/mara-holdings-q3-earnings-revenue-miss-eps-miss-2070-bitcoin-mined-energized-hash-rate-up-9-exahash-target-firmly-in-sight">26,747 Bitcoin</a> as of Sept. 30.
"Our 50 exahash goal for this year is firmly in sight and we expect to get there by mid-to-late December," the company said in a letter to shareholders last week.
"We believe we are on a strong growth trajectory, with no plans to slow down. We anticipate continued expansion across U.S. and international markets and have set ambitious goals to expand our portfolio of owned and operated sites."
MARA Price Action: <a href="http://benzinga.com/quote/mara">MARA Holdings shares</a> were up 4.36% at $18.88 at the time of publication Tuesday, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

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$BTC

Bitcoin Mining Stock MARA Holdings Is Moving Higher: What's Going On?

Proceeds to be used primarily to acquire bitcoin and repurchase existing convertible notes due 2026

Reported Earlier, MARA Holdings Prices $850M Oversubscribed And Upsized Zero-Coupon Convertible Notes Offering Due 2030

Major U.S. indices had a mixed close on Monday, with the Dow Jones Industrial Average slipping 0.1% to 43,389.60, while the S&amp;P 500 rose 0.4% to 5,893.62, and the Nasdaq climbed 0.6% to 18,791.81.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)
Super Micro Computer shares soared 15.93% to close at $21.54, after the company announced it has engaged BDO USA, P.C. as its independent auditor. The company also submitted a compliance plan to the Nasdaq to <a href="https://www.benzinga.com/trading-ideas/movers/24/11/42052157/whats-going-on-with-super-micro-computer-stock-after-hours">regain compliance</a> with its continued listing requirements. 
Bakkt Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKKT#NYSE">BKKT</a>)
Bakkt Holdings shares surged 162.46% to close at $29.71, following reports that Trump Media &amp; Technology Group is in advanced talks to acquire the cryptocurrency company. Donald Trump, seen as pro-crypto, has reportedly led his media company into <a href="https://www.benzinga.com/general/social-media/24/11/42048594/trump-digs-deeper-into-cryptocurrency-bakkt-shares-soar-on-reported-interest-from-president-elects-media-company">advanced talks to acquire Bakkt</a>, a cryptocurrency firm backed by Intercontinental Exchange, in an all-share deal
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42014985/matt-gaetz-to-be-confirmed-as-attorney-general-in-a-trump-administration-not-so-fast-polymarket-traders-say?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Matt Gaetz To Be Confirmed As Attorney General In A Trump Administration? Not So Fast, Polymarket Traders Say</a>
MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>)
MARA Holdings shares fell 14.07% to close at $18.11 after the company announced a $700 million convertible note offering to boost its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) holdings and repurchase debt. The company&#8217;s shares fell, <a href="https://www.benzinga.com/partner/emerging-markets/24/11/41970156/investing-in-craft-the-benefits-of-boutique-brands-like-ibgs-australian-bitters">following the announcement</a>, of a $700 million convertible note offering to bolster Bitcoin holdings and address debt. The offering includes repurchasing 2026 notes and potential stock market impacts due to hedging activities by noteholders.
MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)
MicroStrategy shares rose 12.96% to close at $384.79, following the company&#8217;s announcement of the acquisition of 51,780 Bitcoin for approximately $4.6 billion. On Monday, the Michael Saylor-led company <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42042019/bitcoin-buyer-spree-microstrategy-acquires-4-6b-in-btc-metaplanet-issues-11-4m-in-bonds-to-fund-purchases">announced the purchase</a> of 51,780 BTC for nearly $4.6 billion, at an average price of $88,627 per coin.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla shares climbed 5.62% to close at $338.74, following reports that President-elect Trump plans to <a href="https://www.benzinga.com/trading-ideas/movers/24/11/42038624/tesla-stock-is-trading-higher-monday-whats-going-on">ease restrictions</a> for self-driving vehicles. The proposed federal framework could accelerate Tesla&#8217;s plans for its Cybercab robotaxi by addressing regulatory caps, despite potential EV tax credit eliminations that Elon Musk supports to challenge competitors.
Prepare for the day&#8217;s trading <a href="Premarket Movers &amp; News">with top premarket movers and news</a> by Benzinga.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42029943/dow-tumbles-over-300-points-following-economic-reports-investor-sentiment-declines-fear-greed-index-moves-to-neutral-zone?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Dow Tumbles Over 300 Points Following Economic Reports, Nvidia, Microsoft Decline: Fear &amp; Greed Index Moves To &#8216;Neutral&#8217; Zone</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Equities

Bakkt Holdings, Inc. Class A Common Stock

BKKT

MSTR

SMCI

TSLA

Super Micro Computer, Bakkt Holdings, MARA Holdings, Microstrategy, And Tesla Inc: Why These 5 Stocks Are On Investors' Radars Today

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/22/24</td>
<td>$61.00</td>
<td>$28.4K</td>
<td>8.3K</td>
<td>15.2K</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$10.00</td>
<td>$220.0K</td>
<td>7.4K</td>
<td>4.0K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$370.00</td>
<td>$93.0K</td>
<td>2.5K</td>
<td>3.8K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$30.00</td>
<td>$62.0K</td>
<td>13.5K</td>
<td>2.3K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$180.00</td>
<td>$60.0K</td>
<td>1.1K</td>
<td>2.0K</td>
</tr>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$0.50</td>
<td>$1.2 million</td>
<td>34.2K</td>
<td>1.7K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$420.00</td>
<td>$25.4K</td>
<td>11.4K</td>
<td>1.0K</td>
</tr>
<tr>
<td>DT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$55.00</td>
<td>$114.0K</td>
<td>210</td>
<td>1.0K</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$93.00</td>
<td>$33.4K</td>
<td>139</td>
<td>927</td>
</tr>
<tr>
<td>NN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$20.00</td>
<td>$82.3K</td>
<td>953</td>
<td>824</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we notice a put option trade that happens to be neutral, expiring in 4 day(s) on November 22, 2024. This event was a transfer of 200 contract(s) at a $61.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $142.0 per contract. There were 8355 open contracts at this strike prior to today, and today 15274 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a put option trade with bearish sentiment. It expires in 760 day(s) on December 18, 2026. Parties traded 4000 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $220.0K, with a price of $55.0 per contract. There were 7499 open contracts at this strike prior to today, and today 4036 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on November 22, 2024. Parties traded 37 contract(s) at a $370.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $93.0K, with a price of $2535.0 per contract. There were 2597 open contracts at this strike prior to today, and today 3801 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bullish, expiring in 123 day(s) on March 21, 2025. This event was a transfer of 200 contract(s) at a $30.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $62.0K, with a price of $310.0 per contract. There were 13573 open contracts at this strike prior to today, and today 2336 contract(s) were bought and sold. 
• Regarding MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we observe a call option trade with bullish sentiment. It expires in 123 day(s) on March 21, 2025. Parties traded 2000 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $60.0K, with a price of $30.0 per contract. There were 1169 open contracts at this strike prior to today, and today 2025 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 760 day(s) on December 18, 2026. Parties traded 90 contract(s) at a $0.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $1.2 million, with a price of $13941.0 per contract. There were 34271 open contracts at this strike prior to today, and today 1705 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option trade with bullish sentiment. It expires in 60 day(s) on January 17, 2025. Parties traded 20 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $1272.0 per contract. There were 11435 open contracts at this strike prior to today, and today 1079 contract(s) were bought and sold. 
• For DT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DT#NYSE">DT</a>), we notice a call option trade that happens to be bearish, expiring in 95 day(s) on February 21, 2025. This event was a transfer of 600 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $114.0K, with a price of $190.0 per contract. There were 210 open contracts at this strike prior to today, and today 1019 contract(s) were bought and sold. 
• Regarding FTNT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on November 22, 2024. Parties traded 167 contract(s) at a $93.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $33.4K, with a price of $200.0 per contract. There were 139 open contracts at this strike prior to today, and today 927 contract(s) were bought and sold. 
• Regarding NN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>), we observe a call option sweep with bearish sentiment. It expires in 424 day(s) on January 16, 2026. Parties traded 183 contract(s) at a $20.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $82.3K, with a price of $450.0 per contract. There were 953 open contracts at this strike prior to today, and today 824 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

FTNT

INTC

MSFT

NVDA

PLTR

10 Information Technology Stocks With Whale Alerts In Today's Session

Macquarie analyst Paul Golding maintains MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) with a Outperform and raises the price target from $22 to $29.

Price Target

Analyst Ratings

Macquarie Maintains Outperform on MARA Holdings, Raises Price Target to $29

MARA Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) shares are trading lower by 5.6% to $19.90 Monday morning after the company announced a <a href="https://www.benzinga.com/pressreleases/24/11/g42032618/mara-holdings-inc-announces-proposed-private-offering-of-700-million-of-convertible-senior-notes">$700 million convertible note offering</a> to boost its Bitcoin holdings and repurchase debt.
What To Know: MARA Holdings announced a private offering of $700 million in convertible senior notes due 2030, with an option for initial purchasers to buy an additional $105 million. 
The company says the notes will bear semi-annual interest starting March 1, 2025, and mature on March 1, 2030, unless earlier converted, redeemed or repurchased. 
Redemption and conversion terms include conditions beginning in 2027 and 2028, respectively. Proceeds will be used to repurchase existing 2026 convertible notes, acquire bitcoin and support corporate purposes, including debt repayment and strategic expansion.
MARA meanwhile says the repurchase of 2026 notes may lead to market activity, as hedged holders could buy MARA stock or adjust derivative positions, potentially impacting MARA's stock price and the conversion price of the new notes. The final terms, including the interest rate and conversion rate, will be set at pricing.
Read Also: <a href="https://www.benzinga.com/24/11/42028342/blackwell-backfires-nvidias-ai-chips-struggle-with-server-overheating-impacting-meta-microsoft-and-musks-xai-data-centers">Nvidia&#8217;s Blackwell Chips Are Extra Toasty, Server Overheating Issues Impact Meta, Microsoft And Elon Musk&#8217;s xAI</a>
<h2 class="wp-block-heading">How To Buy MARA Stock</h2>
By now you're likely curious about how to participate in the market for MARA Holdings &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so. 
In the the case of MARA Holdings, which is trading at $21.07 as of publishing time, $100 would buy you 4.75 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, MARA has a 52-week high of $34.09 and a 52-week low of $9.21.

Why Bitcoin-Related Stock MARA Holdings Is Falling

WIIM

Marathon Digital Holdings shares are trading lower after the company announced a $700 million convertible note offering to boost Bitcoin holdings and repurchase debt.

MARA Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) ("MARA" or the "Company"), a global leader in leveraging digital asset compute to support the energy transformation, today announced that it intends to offer, subject to market conditions and other factors, $700 million aggregate principal amount of convertible senior notes due 2030 (the "notes") in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). MARA also expects to grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $105 million aggregate principal amount of the notes. The offering is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the offering may be completed.
The notes will be unsecured, senior obligations of MARA and will bear interest payable semi-annually in arrears on March 1 and September 1 of each year, beginning on March 1, 2025. The notes will mature on March 1, 2030, unless earlier repurchased, redeemed or converted in accordance with their terms. Subject to certain conditions, on or after March 5, 2028, MARA may redeem for cash all or any portion of the notes. If MARA redeems fewer than all the outstanding notes, at least $75 million aggregate principal amount of notes must be outstanding and not subject to redemption as of the relevant redemption notice date. Holders of the notes will have the right to require MARA to repurchase for cash all or any portion of their notes on December 1, 2027. The notes will be convertible into cash, shares of MARA's common stock, or a combination of cash and shares of MARA's common stock, at MARA's election. Prior to December 1, 2029, the notes will be convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the close of business on the second scheduled trading day immediately preceding the maturity date. The interest rate, initial conversion rate, and other terms of the notes will be determined at the time of pricing of the offering. MARA expects that the reference price used to calculate the initial conversion price for the notes will be the U.S. composite volume weighted average price of MARA's common stock from 2:00 p.m. through 4:00 p.m. Eastern Daylight Time on the date of pricing.
MARA expects to use up to $200 million of the net proceeds from the sale of the notes to repurchase a portion of its existing convertible notes due 2026 (the "existing 2026 convertible notes") in privately negotiated transactions with the remainder of the net proceeds to be used to acquire additional bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding obligations.

Offerings

MARA Holdings Announces $700M Convertible Note Offering to Boost Bitcoin Holdings and Debt Repurchase

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$142.00</td>
<td>$144.1K</td>
<td>25.4K</td>
<td>105.2K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$64.00</td>
<td>$30.4K</td>
<td>496</td>
<td>30.3K</td>
</tr>
<tr>
<td>CLSK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$37.00</td>
<td>$55.2K</td>
<td>86.9K</td>
<td>2.3K</td>
</tr>
<tr>
<td>ZETA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$20.00</td>
<td>$25.0K</td>
<td>2.4K</td>
<td>2.0K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$400.00</td>
<td>$61.6K</td>
<td>3.5K</td>
<td>1.8K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$220.00</td>
<td>$30.0K</td>
<td>12.2K</td>
<td>848</td>
</tr>
<tr>
<td>NN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$15.00</td>
<td>$105.0K</td>
<td>26</td>
<td>600</td>
</tr>
<tr>
<td>MU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$77.50</td>
<td>$27.7K</td>
<td>685</td>
<td>530</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$35.00</td>
<td>$48.1K</td>
<td>2.8K</td>
<td>503</td>
</tr>
<tr>
<td>AAOI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$30.00</td>
<td>$27.3K</td>
<td>1.8K</td>
<td>462</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a put option sweep that happens to be neutral, is expiring today. Parties traded 2027 contract(s) at a $142.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $144.1K, with a price of $71.0 per contract. There were 25443 open contracts at this strike prior to today, and today 105282 contract(s) were bought and sold. 
• For PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 251 contract(s) at a $64.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $30.4K, with a price of $121.0 per contract. There were 496 open contracts at this strike prior to today, and today 30310 contract(s) were bought and sold. 
• For CLSK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>), we notice a call option sweep that happens to be bearish, expiring in 245 day(s) on July 18, 2025. This event was a transfer of 184 contract(s) at a $37.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $55.2K, with a price of $300.0 per contract. There were 86959 open contracts at this strike prior to today, and today 2305 contract(s) were bought and sold. 
• For ZETA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>), we notice a call option trade that happens to be bearish, expiring in 63 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $250.0 per contract. There were 2459 open contracts at this strike prior to today, and today 2094 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option trade with bullish sentiment. It expires in 7 day(s) on November 22, 2024. Parties traded 90 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $61.6K, with a price of $685.0 per contract. There were 3520 open contracts at this strike prior to today, and today 1848 contract(s) were bought and sold. 
• For TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we notice a call option trade that happens to be bullish, expiring in 35 day(s) on December 20, 2024. This event was a transfer of 248 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $121.0 per contract. There were 12242 open contracts at this strike prior to today, and today 848 contract(s) were bought and sold. 
• Regarding NN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>), we observe a put option trade with bearish sentiment. It expires in 35 day(s) on December 20, 2024. Parties traded 600 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $105.0K, with a price of $175.0 per contract. There were 26 open contracts at this strike prior to today, and today 600 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a put option sweep that happens to be bullish, expiring in 399 day(s) on December 19, 2025. This event was a transfer of 36 contract(s) at a $77.50 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $770.0 per contract. There were 685 open contracts at this strike prior to today, and today 530 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option trade that happens to be bullish, expiring in 217 day(s) on June 20, 2025. This event was a transfer of 148 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $48.1K, with a price of $325.0 per contract. There were 2857 open contracts at this strike prior to today, and today 503 contract(s) were bought and sold. 
• For AAOI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>), we notice a call option trade that happens to be bearish, expiring in 35 day(s) on December 20, 2024. This event was a transfer of 161 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $27.3K, with a price of $170.0 per contract. There were 1896 open contracts at this strike prior to today, and today 462 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAOI

CLSK

ZETA

APLD

ARBK

BITF

BTBT

HIVE

IREN

RIOT

WULF

Shares of crypto-related stocks are trading lower amid a drop in Bitcoin.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$330.00</td>
<td>$34.8K</td>
<td>30.6K</td>
<td>29.9K</td>
</tr>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$140.00</td>
<td>$142.0K</td>
<td>72.3K</td>
<td>9.6K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$25.00</td>
<td>$35.2K</td>
<td>8.1K</td>
<td>3.8K</td>
</tr>
<tr>
<td>PLTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$55.00</td>
<td>$39.6K</td>
<td>6.9K</td>
<td>3.6K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/22/24</td>
<td>$141.00</td>
<td>$30.0K</td>
<td>1.8K</td>
<td>2.1K</td>
</tr>
<tr>
<td>CORZ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$19.00</td>
<td>$101.9K</td>
<td>22.1K</td>
<td>1.6K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$105.00</td>
<td>$110.4K</td>
<td>7.3K</td>
<td>1.2K</td>
</tr>
<tr>
<td>CLSK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$30.00</td>
<td>$223.5K</td>
<td>7.3K</td>
<td>1.1K</td>
</tr>
<tr>
<td>SMCI</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$40.00</td>
<td>$32.8K</td>
<td>13.1K</td>
<td>838</td>
</tr>
<tr>
<td>CRWD</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$350.00</td>
<td>$34.5K</td>
<td>3.0K</td>
<td>811</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on November 15, 2024. Parties traded 10 contract(s) at a $330.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $34.8K, with a price of $3486.0 per contract. There were 30666 open contracts at this strike prior to today, and today 29921 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option trade with bearish sentiment. It expires in 2 day(s) on November 15, 2024. Parties traded 200 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $142.0K, with a price of $710.0 per contract. There were 72338 open contracts at this strike prior to today, and today 9615 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bullish, expiring in 128 day(s) on March 21, 2025. This event was a transfer of 63 contract(s) at a $25.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $560.0 per contract. There were 8129 open contracts at this strike prior to today, and today 3872 contract(s) were bought and sold. 
• Regarding PLTR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), we observe a put option sweep with bearish sentiment. It expires in 37 day(s) on December 20, 2024. Parties traded 300 contract(s) at a $55.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $132.0 per contract. There were 6942 open contracts at this strike prior to today, and today 3617 contract(s) were bought and sold. 
• Regarding AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on November 22, 2024. Parties traded 71 contract(s) at a $141.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $423.0 per contract. There were 1855 open contracts at this strike prior to today, and today 2151 contract(s) were bought and sold. 
• Regarding CORZ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORZ#NASDAQ">CORZ</a>), we observe a call option sweep with bearish sentiment. It expires in 37 day(s) on December 20, 2024. Parties traded 1566 contract(s) at a $19.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $101.9K, with a price of $65.0 per contract. There were 22169 open contracts at this strike prior to today, and today 1646 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option trade that happens to be bullish, expiring in 37 day(s) on December 20, 2024. This event was a transfer of 230 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $110.4K, with a price of $480.0 per contract. There were 7367 open contracts at this strike prior to today, and today 1216 contract(s) were bought and sold. 
• Regarding CLSK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>), we observe a call option sweep with bullish sentiment. It expires in 128 day(s) on March 21, 2025. Parties traded 790 contract(s) at a $30.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $223.5K, with a price of $283.0 per contract. There were 7323 open contracts at this strike prior to today, and today 1105 contract(s) were bought and sold. 
• Regarding SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we observe a put option trade with neutral sentiment. It expires in 37 day(s) on December 20, 2024. Parties traded 17 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $32.8K, with a price of $1935.0 per contract. There were 13181 open contracts at this strike prior to today, and today 838 contract(s) were bought and sold. 
• For CRWD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>), we notice a call option trade that happens to be neutral, expiring in 65 day(s) on January 17, 2025. This event was a transfer of 10 contract(s) at a $350.00 strike. The total cost received by the writing party (or parties) was $34.5K, with a price of $3455.0 per contract. There were 3069 open contracts at this strike prior to today, and today 811 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Core Scientific, Inc. - Class A Common Stock

CORZ

CRWD

Bitcoin (CRYPTO: BTC/USD) miner MARA Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) shares are trading lower on Wednesday. Analysts expressed views on third-quarter <a target="_blank" href="https://www.benzinga.com/quote/MARA/analyst-ratings" rel="noreferrer noopener">earnings reported yesterday</a>.
On Tuesday, MARA reported third-quarter revenue of $131.6 million, missing the&nbsp;consensus estimate of $151.67 million and an adjusted loss of 34 cents per share, missing analyst estimates <a target="_blank" href="https://www.benzinga.com/news/earnings/24/11/41923273/mara-holdings-q3-earnings-revenue-miss-eps-miss-2070-bitcoin-mined-energized-hash-rate-up-9-exahash-target-firmly-in-sight" rel="noreferrer noopener">for a loss of 26 cents per share</a>.
H.C. Wainwright analyst Kevin Dede reiterated the Buy rating and raised the price target to $28 from $27. The analyst notes the current multiple is justified given Bitcoin&#8217;s recent surge and increased access through ETFs.
Meanwhile, the analyst lowered the FY24 sales estimate to $597.6 million from $621.1 million due to the results and a more conservative 4.5-cent hash price outlook.
Dede revised FY25 sales to $774.4 million, down slightly from $777.4 million, pending new business impact. The forecast assumes a slower ramp-up to 50 EH/s by early 2025, relying on Bitmain and Auradine for miners, adds the analyst.
JP Morgan analyst Reginald L. Smith has rated the company as Underweight. The analyst writes that MARA was one of the few miners in their coverage to surpass network hashrate growth in the third quarter, but total revenue fell due to lower BTC prices and hosting revenue.
While MARA has no plans to manage AI/HPC compute, it is positioning itself as an infrastructure supplier to data center operators and a leader in energy transformation with proprietary technologies, adds the analyst.
Although it remains the largest publicly traded miner by hashrate and is diversifying away from pure-play mining, the analyst notes its premium valuation is not fully justified, given the deteriorating economics.
Needham analyst John Todaro has given the miner a Hold rating. The analyst says that as Bitcoin rallies into 2025, peaking around $100k per BTC, they anticipate margin relief for miners like MARA.
However, rising hash rates could offset some of these gains, adds the analyst. The analyst assumes more conservative hash growth for MARA going forward and that the company does not pursue HPC/AI initiatives.
Investors can gain exposure to the stock via First Trust SkyBridge Crypto Industry and Digital Economy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRPT#NYSE">CRPT</a>) and iShares Trust iShares Blockchain and Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBLC#NYSE">IBLC</a>).
Price Action: MARA shares are down 5.23% at $23.91 at the last check Wednesday.
Photo via Shutterstock
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MARA Holdings Faces Mixed Analyst Sentiment: Revenue Miss And Conservative Forecasts Amid Bitcoin Rally

Bitcoin (CRYPTO: <a href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining stocks MARA Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), Riot Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) and CleanSpark Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) are trading lower Wednesday morning despite a surge in the price of bitcoin. Here&#8217;s a look at <a href="https://www.benzinga.com/news/earnings/24/11/41923273/mara-holdings-q3-earnings-revenue-miss-eps-miss-2070-bitcoin-mined-energized-hash-rate-up-9-exahash-target-firmly-in-sight">what&#8217;s going on</a>.
What To Know: Bitcoin is hitting new all-time highs again on Wednesday, adding to gains of nearly 25% over the past week. Bitcoin was up 5.8% over a 24-hour period, hovering around $91,775 at the time of writing.
Bitcoin mining stocks outpaced bitcoin&#8217;s gains at the start of the week, which may help explain some of the muted action on Wednesday. <a href="https://www.benzinga.com/quote/BTC-USD">Bitcoin</a> miners may also be moving lower after MARA Holdings reported third-quarter financial results that fell short of analyst expectations. 
MARA Holdings reported third-quarter revenue of $131.6 million, missing the <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus estimate</a> of $151.67 million, according to <a href="https://benzinga.grsm.io/gxjhpowx7zks" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>. The company reported an adjusted loss of 34 cents per share, missing analyst estimates for a loss of 26 cents per share.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/11/41923273/mara-holdings-q3-earnings-revenue-miss-eps-miss-2070-bitcoin-mined-energized-hash-rate-up-9-exahash-target-firmly-in-sight">MARA Holdings Q3 Earnings: Revenue Miss; EPS Miss; 2,070 Bitcoin Mined; Energized Hash Rate Up 9%; Exahash Target &#8216;Firmly In Sight&#8217;</a>
MARA Holdings said it mined 2,070 bitcoin during the quarter as its energized hash rate increased 9% quarter-over-quarter to 40.2 EH/s. The company held a total of 26,747 Bitcoin at quarter's end.
"We believe we are on a strong growth trajectory, with no plans to slow down. We anticipate continued expansion across U.S. and international markets and have set ambitious goals to expand our portfolio of owned and operated sites,&#8221; the company said in a letter to shareholders.
MARA Holdings shares were down about 4.25% at last check, while Riot shares were down more than 5% and CleanSpark shares were down more than 6%, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
CleanSpark is the only one of the group that has not yet reported financial results this quarter. The company is due to report sometime near the end of the month. Analysts are anticipating a loss of 18 cents per share and revenue of $88.65 million, according to estimates from <a href="http://pro.benzinga.com">Benzinga Pro</a>.
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Photo: <a href="https://pixabay.com/users/eivindpedersen-5084872/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=3333925">Eivind Pedersen</a> from Pixabay.

Earnings

What's Going On With Bitcoin Mining Stocks MARA Holdings, Riot Platforms And CleanSpark?

<ul>
<li>TSLA</li>
<li>RKLB</li>
<li>LUNR</li>
<li>NVDA</li>
<li>ASTS</li>
<li>MARA</li>
<li>COIN</li>
<li>$BTC</li>
<li>LOT</li>
<li>OKLO</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment" title="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>

ASTS

COIN

LUNR

OKLO

RKLB

Top 10 Trending Stocks On WallStreetBets As Of November 13, 2024 (Via Swaggy Stocks)

Needham analyst John Todaro reiterates MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) with a Hold.

Needham Reiterates Hold on MARA Holdings

Throughout the last three months, 5 analysts have evaluated MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), offering a diverse set of opinions from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $22.0, a high estimate of $28.00, and a low estimate of $12.00. This current average represents a 4.35% decrease from the previous average price target of $23.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1731502909_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive MARA Holdings. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Kevin Dede</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$28.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Brett Knoblauch</td>
<td>Cantor Fitzgerald</td>
<td>Announces</td>
<td>Overweight</td>
<td>$21.00</td>
<td>-</td>
</tr>
<tr>
<td>Kevin Dede</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$27.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Paul Golding</td>
<td>Macquarie</td>
<td>Announces</td>
<td>Outperform</td>
<td>$22.00</td>
<td>-</td>
</tr>
<tr>
<td>Reginald Smith</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$12.00</td>
<td>$14.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to MARA Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MARA Holdings compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of MARA Holdings's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MARA/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MARA Holdings analyst ratings.</a>
<h2>Delving into MARA Holdings's Background</h2>
MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value.
<h3>Unraveling the Financial Story of MARA Holdings</h3>
Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: MARA Holdings's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 77.52%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: MARA Holdings's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -137.56%, the company may face hurdles in effective cost management.
Return on Equity (ROE): MARA Holdings's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -7.8%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): MARA Holdings's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -6.57%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: MARA Holdings's debt-to-equity ratio is below the industry average at 0.13, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Analyst Ratings: Simplified</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Expert Outlook: MARA Holdings Through The Eyes Of 5 Analysts

MARA shares are trading lower after the company reported worse-than-expected Q3 financial results.

HC Wainwright &amp; Co. analyst Kevin Dede reiterates MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) with a Buy and maintains $28 price target.

HC Wainwright & Co. Reiterates Buy on MARA Holdings, Maintains $28 Price Target

With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects CyberArk Software Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) to report quarterly earnings at 46 cents per share on revenue of $234.04 million before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. CyberArk shares rose 4.1% to $313.00 in after-hours trading.</li>
<li>Analysts expect Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) to post quarterly earnings at 87 per share on revenue of $13.77 billion. The company will release earnings after the markets close. Cisco shares gained 0.03% to $58.73 in after-hours trading.</li>
<li>Rumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) posted downbeat results for the third quarter on Tuesday. The company posted a quarterly loss of 15 cents per share, versus estimates for a loss of 12 cents per share. Rumble shares dipped 10.8% to $6.09 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) reported weaker-than-expected financial results for the third quarter after the close on Tuesday. The company reported third-quarter revenue of $131.6 million, missing the consensus estimate of $151.67 million, according to Benzinga Pro. The Bitcoin miner reported an adjusted loss of 34 cents per share, missing analyst estimates for a loss of 26 cents per share. MARA shares fell 8.8% to $23.01 in the after-hours trading session.</li>
<li>Analysts expect Beazer Homes USA, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BZH#NYSE">BZH</a>) to report quarterly earnings at $1.35 per share on revenue of $774.56 million after the closing bell. Beazer Homes shares gained 1.2% to $32.44 in after-hours trading.</li>
</ul>
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Photo courtesy: Shutterstock

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BITO

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BRBR

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CRNC

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EDIT

ETHA

ETHE

EZBC

FBTC

FCEL

FDIG

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GEHC

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HNST

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IBIT

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INTU

IONS

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NAPA

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PANW

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STNG

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TRMD

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XPEV

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Press Releases

MARA Schedules Conference Call for Third Quarter 2024 Financial Results

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MARA Announces Third Quarter 2024 Results

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