Shares of MARA Holdings (MARA -0.51%) soared 17.3% this week. The crypto-mining expert's stock rose 17.3% from last Friday's closing bell to the early market exit on Thursday, July 3, according to data from S&P Global Market Intelligence.
We initiate coverage on MARA Holdings with a Strong Buy and $44 price target, citing unmatched operational leverage to Bitcoin's next cycle and cost leadership. Our thesis is built on above-consensus revenue forecasts, driven by a 60 EH/s hash-rate ramp, low $0.04/kWh energy costs, and robust treasury BTC optionality. Valuation is compelling: MARA trades at a deep discount to historical and pee...
Advanced power management system will meet accelerating energy needs of data centers and cryptocurrency mining operations with real-time optimization, reduced peak loads and fast frequency response
MARA's market cap is nearly matched by its $5.42 billion Bitcoin holdings, meaning investors value the mining business at a discount. MARA's mining operation, adds more value annually in Bitcoin to the balance sheet than what the market appears to be valuing it. Investors can capture upside through new BTC mined monthly, valuation expansion in the mining business, or a BTC rally boosting existi...
If you want to achieve significant gains in the stock market, you'll probably want to plan to hold on and remain invested for many years, or even decades. But in some cases, big payoffs can come much faster than that.
MARA first seems like a lite version of Strategy (MSTR)
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.