This October has been good for cryptocurrencies so far. As I write this (Oct. 8), Bitcoin (CRYPTO: BTC) has gained 7% since the start of the month and 10% in the past 30 days.
Marathon Digital operates 1.1 GW of owned power capacity at $0.04/kWh, positioning it as a low-cost AI infrastructure play. The EDF Exaion acquisition gives MARA access to Tier-4, GDPR-compliant AI data centers and European enterprise clients. IREN re-rated on visible GPU contracts, while MARA awaits AI revenue from Exaion and TAE Power integration.
What if I told you there's a way to amplify Bitcoin's (BTC -1.07%) gains while actually owning a real business with assets, revenue, and (gasp!) financial statements you can analyze?
MARA Holdings remains a Strong Buy with a 12-month price target of $25, driven by strong Bitcoin mining and strategic AI/HPC diversification. MARA's acquisition of a 64% stake in Exaion expands exposure to high-demand AI and high-processing computing, supporting long-term growth beyond Bitcoin. Despite recent outperformance, MARA trades at a discount versus peers, as the market has yet to fully...
Upgrading MARA Holdings to a strong buy on record Q2 results and a favorable Bitcoin setup going into the back half of the year. MARA posted $238.5M in Q2 revenue (up 64% YoY), a $1.2B gain on digital assets, and surpassed 50,000 BTC holdings. The Street projects 93% top-line growth in Q3. Tailwinds for BTC include lower interest rate expectations, with CME projecting two more cuts before year-...
With a healthy rise in the value of its key asset and a big hardware order in its industry, crypto mining company Mara Holdings' (MARA -0.21%) last few days on the stock market have been prosperous. In fact, week to date as of early Friday morning and according to data compiled by S&P Global Market Intelligence, the company's share price had swollen by almost 17%.
You might not expect crypto stocks to do better as crypto prices fall. But there is a type of crypto company that bucks conventional wisdom: mining companies, meaning those that use computing power to validate blockchain transactions and earn rewards.
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