MARA Holdings (MARA) Bitcoin Exposure Calculator
MARA Holdings, Inc. operates as one of the largest publicly traded Bitcoin miners in the world. The company mines Bitcoin through large-scale operations across North America, the Middle East, Europe, and Latin America. MARA holds a substantial portion of mined Bitcoin on its balance sheet as a strategic reserve and also acquires Bitcoin directly through capital markets. The company is led by chief executive Fred Thiel. MARA Holdings was founded in 2010, was previously known as Marathon Digital Holdings, and is headquartered in Hallandale Beach, Florida, trading on Nasdaq under the ticker MARA.
FAQ
How is Bitcoin exposure per MARA Holdings share calculated?
It equals the total Bitcoin holdings of MARA Holdings divided by its shares outstanding. The calculator uses live holdings, live shares outstanding, and the current Bitcoin price to show the figure now and your total exposure for the shares entered.
Do MARA Holdings shares give direct Bitcoin ownership?
No. The company holds the Bitcoin on its balance sheet. Shareholders have a claim on the company, not a direct claim on the Bitcoin. The calculator estimates look-through exposure only.
Does MARA mine its own Bitcoin?
Yes. MARA is one of the largest publicly traded Bitcoin miners and holds a substantial portion of mined Bitcoin on its balance sheet, which is why its shares carry Bitcoin exposure.
How is MARA exposure different from MSTR?
MARA mines and holds Bitcoin, while Strategy buys it with raised capital. MARA's Bitcoin exposure per share depends on mining output, energy costs, and the halving as well as share issuance.
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