MARA

Marathon Digital Holdings, Inc.

Halal Rating :
Comfortable
Last Price $20.05 Last updated:
Market Cap $4.92b
7D Change 16.64%
1 Year Change 20.71%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Services
  • Business Services
  • Services – Computer Processing
  • Data Preparation And Processing
Exchange NASDAQ
Next Earnings Date Nov. 7, 2024

Marathon Digital Holdings, Inc. is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. The company primarily engages in mining bitcoin and operates cryptocurrency mining facilities in the United States. Their business model involves deploying specialized computers (miners) to solve complex mathematical problems in order to validate transactions on the Bitcoin network, receiving bitcoin as compensation for these services.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $131.65m $306.21m - $2.34m 0.00% 0.76%
June 30, 2024 $145.14m $377.54m - - 0.00% 0.00%
March 31, 2024 $165.2m $-203250000.0 - $1.26m 0.00% 0.62%

Company Impact

Help us evaluate Marathon Digital Holdings, Inc.'s impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.

Contribute

Recent News & Updates