Marathon Digital Holdings Stock
Marathon Digital Holdings is a publicly listed company, trading under the stock symbol MARA on the NASDAQ stock exchange. The company is primarily focused on cryptocurrency mining, with operations throughout North America. They own and operate a fleet of Bitcoin mining machines, as well as providing web services for cryptocurrency mining pools. Marathon Digital Holdings aims to leverage their expertise in digital currencies to become a leading player in the sector, driving growth and innovation in the industry.
Pros and Cons of Marathon Digital Holdings in the next few years
Pros
Cons
Performance of Marathon Digital Holdings vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
Marathon Digital Holdings | 2.290% | -13.805% | -20.584% | 32.857% | -46.046% | -56.505% | - |
Vertex Energy Inc. | 10.080% | 19.027% | 14.292% | -83.538% | -61.245% | - | - |
Mfri Inc. | -5.150% | -3.008% | -9.155% | -33.505% | -8.511% | 27.723% | -18.622% |
Ceco Environmental Corp | -0.370% | 0.455% | 11.515% | 87.119% | 19.351% | 242.326% | 226.145% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon first glance, the financials of Marathon Digital Holdings (MARA) appear to be experiencing some instability and potential concern, particularly with an increase in net losses and negative cash flow from operations. Examining the balance sheets, income statements, and cash flow statements will provide a more in-depth understanding of the company's financial standing and highlight the various pros and cons.
*Pros: *
Growth in Total Assets: Over the past three years, Marathon Digital Holdings has increased its total assets, growing from $313 million in 2020 to over $1.19 billion in 2022. This suggests that the company has been expanding its resources and investments.
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