MARA

Marathon Digital Holdings, Inc.

Halal Rating :
Comfortable
Last Price $19.96 Last updated:
Market Cap $4.92b
7D Change -12.19%
1 Year Change -19.45%
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 is a digital asset technology company that focuses on mining cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. The company currently operates cryptocurrency mining facilities and is expanding its mining operations through deploying additional miners.

The company's primary business activity is mining Bitcoin using specialized computers (miners) that solve complex mathematical problems to validate transactions on the Bitcoin network, receiving Bitcoin as rewards for this service.

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

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