MARA Holdings Q1 2025 10-Q Filed

Ticker: MARA · Form: 10-Q · Filed: 2025-05-08T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, cryptocurrency, financials

TL;DR

MARA Holdings Q1 2025 10-Q is in. Check financials for crypto mining biz.

AI Summary

MARA Holdings, Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the first quarter of 2025. Key financial metrics and business segments, including bitcoin mining operations, are presented.

Why It Matters

This filing provides investors with the latest financial and operational details for MARA Holdings, Inc., crucial for understanding the company's performance in the cryptocurrency and digital asset sector.

Risk Assessment

Risk Level: medium — The company operates in the volatile cryptocurrency market, which inherently carries significant risks.

Key Numbers

2025-03-31 — Reporting Period End Date (Indicates the end of the fiscal quarter covered by the report.)
2025-05-08 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
0001507605 — Central Index Key (CIK) (Unique identifier for MARA Holdings, Inc. in SEC filings.)

Key Players & Entities

MARA Holdings, Inc. (company) — Filer of the 10-Q
20250331 (date) — End of reporting period
20250508 (date) — Filing date
Fort Lauderdale, FL (location) — Company's business address
Marathon Digital Holdings, Inc. (company) — Former company name

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is March 31, 2025.

When was this 10-Q filed with the SEC?

This 10-Q was filed on May 8, 2025.

What was MARA Holdings, Inc. previously known as?

MARA Holdings, Inc. was formerly known as Marathon Digital Holdings, Inc. and Marathon Patent Group, Inc.

What is the business address of MARA Holdings, Inc.?

The business address is 101 NE Third Avenue, Suite 1200, Fort Lauderdale, FL 33301.

What is the Standard Industrial Classification (SIC) code for MARA Holdings, Inc.?

The SIC code is 6199, classified under Finance Services.

From the Filing

0001507605-25-000009.txt : 20250508 0001507605-25-000009.hdr.sgml : 20250508 20250508161526 ACCESSION NUMBER: 0001507605-25-000009 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 100 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250508 DATE AS OF CHANGE: 20250508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARA Holdings, Inc. CENTRAL INDEX KEY: 0001507605 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets EIN: 010949984 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36555 FILM NUMBER: 25926317 BUSINESS ADDRESS: STREET 1: 101 NE THIRD AVENUE, STREET 2: SUITE 1200 CITY: FORT LAUDERDALE STATE: FL ZIP: 33301 BUSINESS PHONE: (800) 804-1690 MAIL ADDRESS: STREET 1: 101 NE THIRD AVENUE, STREET 2: SUITE 1200 CITY: FORT LAUDERDALE STATE: FL ZIP: 33301 FORMER COMPANY: FORMER CONFORMED NAME: MARATHON DIGITAL HOLDINGS, INC. DATE OF NAME CHANGE: 20210315 FORMER COMPANY: FORMER CONFORMED NAME: Marathon Patent Group, Inc. DATE OF NAME CHANGE: 20130222 FORMER COMPANY: FORMER CONFORMED NAME: American Strategic Minerals Corp DATE OF NAME CHANGE: 20111213 10-Q 1 mara-20250331.htm 10-Q mara-20250331 0001507605 2025 false Q1 12/31 P3D http://fasb.org/us-gaap/2024#UnrealizedGainLossOnDerivatives P1Y P2Y 0.0131277 0.0529451 .0385902 .0289159 http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet 68 87 77 Insider Trading Policy xbrli:shares iso4217:USD iso4217:USD xbrli:shares mara:segment xbrli:pure mara:Megawatt mara:bitcoin_mining_site mara:bitcoin mara:investment mara:counterparty mara:operatingLease mara:derivative_complaint mara:action 0001507605 2025-01-01 2025-03-31 0001507605 2025-04-30 0001507605 2025-03-31 0001507605 2024-12-31 0001507605 2024-01-01 2024-03-31 0001507605 us-gaap:CommonStockMember 2024-12-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001507605 us-gaap:RetainedEarningsMember 2024-12-31 0001507605 us-gaap:ParentMember 2024-12-31 0001507605 us-gaap:NoncontrollingInterestMember 2024-12-31 0001507605 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001507605 us-gaap:ParentMember 2025-01-01 2025-03-31 0001507605 us-gaap:NoncontrollingInterestMember 2025-01-01 2025-03-31 0001507605 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001507605 us-gaap:CommonStockMember 2025-03-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001507605 us-gaap:RetainedEarningsMember 2025-03-31 0001507605 us-gaap:ParentMember 2025-03-31 0001507605 us-gaap:NoncontrollingInterestMember 2025-03-31 0001507605 us-gaap:CommonStockMember 2023-12-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001507605 us-gaap:RetainedEarningsMember 2023-12-31 0001507605 us-gaap:ParentMember 2023-12-31 0001507605 us-gaap:NoncontrollingInterestMember 2023-12-31 0001507605 2023-12-31 0001507605 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001507605 us-gaap:ParentMember 2024-01-01 2024-03-31 0001507605 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001507605 us-gaap:CommonStockMember 2024-03-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001507605 us-gaap:RetainedEarningsMember 2024-03-31 0001507605 us-gaap:ParentMember 2024-03-31 0001507605 us-gaap:NoncontrollingInterestMember 2024-03-31 0001507605 2024-03-31 0001507605 srt:MinimumMember 2025-03-31 0001507605 srt:MaximumMember 2025-03-31 0001507605 srt:MinimumMember 2025-01-01 2025-03-31 0001507605 srt:MaximumMember 2025-01-01 2025-03-31 0001507605 mara:TheWindFarmMember 2025-02-14 0001507605 mara:GreatPlainsWindParkHoldingsLLCMember 2025-02-14 0001507605 mara:TheWindFarmMember 2025-02-14 2025-02-14 0001507605 mara:GCDataCenterAcquisitionMember 2024-01-12 0001507605 mara:GCDataCenterAcquisitionMember 2024-01-12 2024-