MARA Holdings
MARA · NASDAQ · Financial Services
$13.35
$0.27 (-2.05%) today
Market Cap
$5.16B
24h Volume
$498.9M
P/E Ratio
-11.2
52w High
$22.84
52w Low
$6.73
Est. AI Revenue
5%
7-Day Sparkline (Static)
Company facts
Performance
About MARA Holdings
MARA Holdings is a digital asset mining company. It earns nearly all of its revenue mining bitcoin at large-scale data centers it owns and operates, where access to cheap power is the core of the business.
That same footprint is now being pointed at AI. MARA is converting part of its power capacity and data center infrastructure into AI and high performance computing hosting, selling capacity to compute tenants. Its immersion cooling technology, built for dense mining rigs, also suits hot-running AI hardware.
Founded in 2010 and headquartered in Fort Lauderdale, Florida, MARA trades on the NASDAQ and runs its operations with a lean team of about 270 people under CEO Fred Thiel.
MARA Holdings in the AI buildout
MARA is an emerging entrant in the Neoclouds layer: operators that sell computing capacity into the AI buildout. Its assets, power contracts, data center sites, and immersion cooling, are the kind AI tenants need, and the company is converting part of that footprint into AI and HPC hosting. Exposure hinges on how much capacity actually shifts to AI leases, since bitcoin mining still drives nearly all revenue. Supercycle scores it 30 out of 100.
MARA is tracked in Neoclouds, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
MARA trades at $13.35, 41% of the way up its 52-week range of $6.73 to $22.84.
Market cap
Market capitalization is $5.16B, with an AI Exposure Score of 30 out of 100.
Next earnings
MARA Holdings is next expected to report earnings on November 4, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does MARA Holdings do?
MARA mines bitcoin at large-scale data centers it operates, earning revenue from mined digital assets. It is now converting part of its power and data center footprint into AI and HPC hosting.
How is MARA exposed to AI?
Through conversion potential. Its power capacity, data center sites, and immersion cooling suit AI workloads, but bitcoin still drives nearly all revenue today. Supercycle scores it 30 out of 100.
What AI infrastructure does MARA offer?
AI and HPC hosting infrastructure sold to compute tenants, immersion cooling designed for dense, hot-running hardware, and data center services built on its existing power and site footprint.
Where is MARA headquartered and who leads it?
MARA is headquartered in Fort Lauderdale, Florida, was founded in 2010, and is led by CEO Fred Thiel. It runs with a lean team of about 270 people and trades on the NASDAQ.
Is MARA a pure play AI stock?
No. It is a bitcoin miner with an AI hosting expansion underway. Its AI Exposure Score of 30 out of 100 reflects real optionality that has not yet become the main business.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
Related reading
- Hyperscaler capex roundup: September 2026 · Seven AI builders spent $657B on capex over the last four quarters. The table, the 2026 guidance, what changed since the Q2 earnings round, and the power deals behind it.
- Neocloud stocks to watch: CRWV, NBIS, IREN, APLD · The four most-searched neocloud stocks read through the buildout tracker and the June 13F filings: who each one depends on, and what would change the picture.
- What are AI infrastructure stocks? The 12 layers, explained · AI infrastructure stocks are the companies paid to build AI compute: chips, memory, networking, data centers, cooling and power. The 12 layers and the catch.