Ultime notizie per MARA Holdings (NASDAQ:MARA) Azioni

MARA HOLDINGS INC

MARA Holdings

Marathon Digital Holdings

MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value. The company also offers technology solutions to optimize data center operations, including next-generation liquid immersion cooling and firmware for bitcoin miners. It is focused on computing for, acquiring, and holding digital assets as a long-term investment.

Apex,,North,Carolina,-,April,23,2025:,Strategy,Microstrategy,Mstr

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

$BTC

COIN

MARA

MSTR

TSLA

Strategy (NASDAQ:MSTR) ha annunciato questo venerdì di aver aumentato la sua offerta pubblica iniziale da 500 milioni a 2,521 miliardi di dollari per finanziare l’acquisto di Bitcoin (CRYPTO: BTC).

Strategy vuole altri Bitcoin: quali altre aziende lo stanno acquistando?

Wall Street

Equities

$SOL

BTCM

DVLT

FAST

RIOT

SQNS

WDFC

Lunedì i futures azionari statunitensi mostrano un ribasso dopo la chiusura negativa di venerdì. I futures dei principali indici di riferimento sono in calo.

Futures azionari USA scendono sul timore di nuovi dazi, Bitcoin da record

Bitcoin,Cryptocurrency,Gold,Coins,In,Black,Wallet,On,Wooden,Table.

BTOG

WGMI

Le azioni della società di mining di criptovalute Bit Origin Ltd. (NASDAQ:BTOG) hanno registrato un’impennata nel trading pre-market di venerdì, sulla scia del rally da record di Bitcoin (CRYPTO: BTC).

Bitcoin in orbita: l&#39;impennata trascina un titolo mining a +75%

MARA Holdings Inc

Marani Brands Inc

Marathon Bancorp Inc

Marathon Gold Corp

MARATHON GROUP CORP by Marathon Group Corp.

Marathon Group Corp

Marathon Oil Corp. Com

Marathon Petroleum Corporation Common Stock

Marathon Petroleum Corp

Maravai LifeSciences Holdings, Inc. - Class A common stock

Maravai LifeSciences Holdings Inc

Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas" target="_blank" rel="noreferrer noopener">many investors' favorite stocks</a> over the last week — here's a look at some of our top stories.
Wall Street rallied as a wave of new trade deals — including agreements with Japan, Indonesia, and the Philippines — fueled optimism, pushing the S&amp;P 500 and Nasdaq to fresh record highs. President Donald Trump escalated pressure on Federal Reserve Chair Jerome Powell during an in-person visit, demanding lower rates in light of trade easing.
Investor sentiment remained upbeat despite rising political friction. Treasury yields increased modestly on speculation about compromised Fed independence, amid calls from influential voices like Mohamed El‑Erian suggesting Powell resign to preserve central bank autonomy.
Looking ahead, markets are watching progress in U.S.–EU trade negotiations — including a meeting between Trump and Ursula von der Leyen — and upcoming economic data. Investor focus is also on whether pressure on the Fed may influence its rate path or institutional reputation.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.

The Bulls
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46607168/google-stock-roars-as-analysts-race-to-raise-price-targets">"Google stock roars as analysts race to raise price targets"</a>, by Chris Katje, reports that Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) delivered its tenth straight quarter of earnings beats — including $96.43 billion in Q2 revenue and $2.31 EPS — prompting firms to raise their price targets on strength in AI‑driven growth across Cloud, Search, and Ads.
<a href="https://www.benzinga.com/markets/earnings/25/07/46587855/t-mobile-stock-climbs-after-q2-results-crushed-growth-records">"T‑Mobile stock climbs after Q2 results ‘crushed' growth records"</a>, by Erica Kollmann, reports that T‑Mobile US Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) beat Q2 estimates with $2.84 EPS and $21.13 billion in revenue, added a record 1.7 million postpaid customers — driving upwardly revised FY2025 guidance — and sent shares higher.
<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46590824/lendingtree-stock-climbs-as-company-signals-stronger-growth-ahead">"LendingTree stock climbs as company signals stronger growth ahead"</a>, by Akanksha Bakshi, reports that LendingTree Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TREE#NASDAQ">TREE</a>) shares rose after the company highlighted improving lead quality and customer acquisition metrics — citing momentum in core marketplaces and new verticals as drivers of expected stronger growth ahead.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/markets/earnings/25/07/46559708/capital-one-stock-climbs-on-strong-q2-eps-despite-revenue-miss">Capital One Stock Climbs On Strong Q2 EPS, Despite Revenue Miss</a>
<a href="https://www.benzinga.com/markets/earnings/25/07/46618339/coursera-stock-rockets-20-higher-after-q2-earnings-report-heres-why">Coursera Stock Rockets 20% Higher After Q2 Earnings Report: Here's Why</a>
<a href="https://www.benzinga.com/markets/earnings/25/07/46588567/quantumscape-announces-better-than-expected-q2-results-expands-collaboration-with-powerco">QuantumScape Announces Better-Than-Expected Q2 Results, Expands Collaboration With PowerCo</a>

The Bears
<a href="https://www.benzinga.com/markets/earnings/25/07/46612958/molina-healthcare-stumbles-cigna-cvs-humana">"Centene, Cigna, Others Drop As Molina's Results Rattle Sector"</a>, by Vandana Singh, reports that Molina Healthcare Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>) missed Q2 earnings expectations — posting $5.48 EPS vs. $6.21 consensus — even as revenue topped estimates, and slashed its 2025 EPS guidance to just over $19 (from $21.50-$22.50), sending shares of Centene Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNC#NYSE">CNC</a>), The Cigna Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CI#NYSE">CI</a>), CVS Health Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>), Humana Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUM#NYSE">HUM</a>), and others sharply lower on concerns about medical cost trends and sector-wide risk.
<a href="https://www.benzinga.com/news/fda/25/07/46544331/fda-rejects-replimunes-blood-cancer-drug-stock-sinks">"FDA rejects Replimune's blood cancer drug, stock sinks"</a>, by Erica Kollmann, reports that Replimune Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REPL#NASDAQ">REPL</a>) shares plunged after the FDA rejected the company's investigational oncolytic virus therapy for blood cancers, citing deficiencies in clinical data and risk-benefit analysis — prompting investor concern about future development timelines and capital needs.
<a href="https://www.benzinga.com/markets/earnings/25/07/46589727/viking-therapeutics-stock-slides-after-company-misses-q2-earnings-estimates">"Viking Therapeutics stock slides after company misses Q2 earnings estimates"</a>, by Adam Eckert, reports that Viking Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VKTX#NASDAQ">VKTX</a>) shares tumbled after reporting a Q2 loss of $0.58 per share — wider than the expected $0.46 loss — while R&amp;D expenses surged to $60.2 million and the company ended the quarter with $808 million in cash.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46606784/c3-ai-stock-is-tumbling-thursday-whats-going-on">C3 AI Stock Is Tumbling Thursday: What's Going On?</a>
<a href="https://www.benzinga.com/markets/large-cap/25/07/46641084/wall-street-stock-bubble-2025">Is A Stock Market Crash Imminent? Bubble Warnings Grow Louder</a>
<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46569958/mara-holdings-stock-is-moving-lower-wednesday-heres-why">MARA Holdings Stock Is Moving Lower Wednesday: Here's Why</a>

Keep up with all the latest breaking news and trading ideas by following <a href="https://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener">Benzinga</a><a href="http://twitter.com/Benzinga" target="_blank" rel="noreferrer noopener"> on X</a>.
Image created using artificial intelligence via Midjourney.

Markets

COUR

GOOGL

REPL

TMUS

TREE

VKTX

Benzinga Bulls And Bears: T-Mobile, LendingTree, Molina Healthcare — And Trade Deal Optimism Boosts Markets

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/25/25</td>
<td>$510.00</td>
<td>$44.9K</td>
<td>20.1K</td>
<td>16.9K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/01/25</td>
<td>$215.00</td>
<td>$25.8K</td>
<td>18.6K</td>
<td>14.1K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/01/25</td>
<td>$425.00</td>
<td>$47.0K</td>
<td>1.4K</td>
<td>9.0K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/01/25</td>
<td>$112.00</td>
<td>$31.0K</td>
<td>993</td>
<td>7.4K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$30.00</td>
<td>$43.6K</td>
<td>22.1K</td>
<td>5.9K</td>
</tr>
<tr>
<td>CRWV</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/01/25</td>
<td>$160.00</td>
<td>$36.4K</td>
<td>2.0K</td>
<td>3.6K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/08/25</td>
<td>$17.00</td>
<td>$26.0K</td>
<td>1.4K</td>
<td>3.0K</td>
</tr>
<tr>
<td>FRSH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$12.50</td>
<td>$129.0K</td>
<td>1.3K</td>
<td>3.0K</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$72.50</td>
<td>$104.5K</td>
<td>10.6K</td>
<td>2.0K</td>
</tr>
<tr>
<td>U</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$40.00</td>
<td>$25.7K</td>
<td>3.0K</td>
<td>1.3K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 84 contract(s) at a $510.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $44.9K, with a price of $535.0 per contract. There were 20165 open contracts at this strike prior to today, and today 16922 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bullish, expiring in 7 day(s) on August 1, 2025. This event was a transfer of 60 contract(s) at a $215.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $430.0 per contract. There were 18632 open contracts at this strike prior to today, and today 14183 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on August 1, 2025. Parties traded 100 contract(s) at a $425.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $47.0K, with a price of $470.0 per contract. There were 1459 open contracts at this strike prior to today, and today 9028 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on August 1, 2025. This event was a transfer of 166 contract(s) at a $112.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $187.0 per contract. There were 993 open contracts at this strike prior to today, and today 7408 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option trade that happens to be bearish, expiring in 539 day(s) on January 15, 2027. This event was a transfer of 200 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $43.6K, with a price of $218.0 per contract. There were 22136 open contracts at this strike prior to today, and today 5952 contract(s) were bought and sold. 
• Regarding CRWV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>), we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on August 1, 2025. Parties traded 8 contract(s) at a $160.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $36.4K, with a price of $4556.0 per contract. There were 2042 open contracts at this strike prior to today, and today 3660 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a call option sweep with bullish sentiment. It expires in 14 day(s) on August 8, 2025. Parties traded 237 contract(s) at a $17.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $110.0 per contract. There were 1432 open contracts at this strike prior to today, and today 3030 contract(s) were bought and sold. 
• For FRSH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSH#NASDAQ">FRSH</a>), we notice a put option trade that happens to be bearish, expiring in 21 day(s) on August 15, 2025. This event was a transfer of 3000 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $129.0K, with a price of $43.0 per contract. There were 1373 open contracts at this strike prior to today, and today 3016 contract(s) were bought and sold. 
• For CSCO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), we notice a call option trade that happens to be bullish, expiring in 21 day(s) on August 15, 2025. This event was a transfer of 2050 contract(s) at a $72.50 strike. The total cost received by the writing party (or parties) was $104.5K, with a price of $51.0 per contract. There were 10631 open contracts at this strike prior to today, and today 2078 contract(s) were bought and sold. 
• For U (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>), we notice a call option trade that happens to be bearish, expiring in 56 day(s) on September 19, 2025. This event was a transfer of 155 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $166.0 per contract. There were 3075 open contracts at this strike prior to today, and today 1337 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AAPL

CRWV

CSCO

FRSH

INTC

MSFT

10 Information Technology Stocks Whale Activity In Today's Session

Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) on Friday announced it has increased its <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46520495/strategy-buys-6220-btc-boosts-bitcoin-war-chest-to-607770">initial public offering</a> from $500 million to $2.521 billion to fund Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) purchases.
What Happened: The offering, <a href="https://www.strategy.com/press/strategy-announces-pricing-of-strc-perpetual-preferred-stock_07-25-2025">priced</a> on July 24, involves 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at $90 per share, with net proceeds estimated at $2.474 billion after expenses.
The STRC stock, set to settle on July 29, carries a 9% initial annual dividend, payable monthly starting August 31.
Strategy plans to use the proceeds primarily for acquiring Bitcoin and for working capital. 
The company, which holds 607,770 BTC valued at approximately $72.4 billion, is the world's largest publicly traded Bitcoin treasury company.
Strategy's move aligns with its aggressive Bitcoin accumulation strategy, pioneered by Executive Chairman Michael Saylor since 2020. 
The firm's stock has <a href="https://www.ainvest.com/news/bitcoin-news-today-strategy-raises-500-million-boost-bitcoin-holdings-71-billion-2507/">risen</a> over 2,860% since adopting Bitcoin as its primary treasury asset, reflecting strong investor confidence despite concerns about valuation premiums.
Why It Matters: Other companies have followed Strategy's lead in adopting Bitcoin as a treasury asset.
Trump Media (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) raised $2.5 billion in 2025 to invest in Bitcoin, aiming to diversify its revenue. 
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46627175/4000-is-ethereums-last-hurdle-before-price-discovery-says-galaxy-digitals-mike-novogratz">$4,000 Is Ethereum&#8217;s Last Hurdle Before Price Discovery, Says Galaxy Digital&#8217;s Mike Novogratz</a>
GameStop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) acquired 4,710 BTC for $497 million, while Paris Saint-Germain and K33 also established Bitcoin treasuries. 
Globally, 140 publicly traded companies now hold Bitcoin.
Other Firms With Bitcoin Treasuries
Strategy remains the dominant player, but it is not alone. 
Other publicly traded companies that have adopted Bitcoin as part of their treasury strategy include:
<ul class="wp-block-list">
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>): Held approximately 10,500 BTC at one point, initially purchasing $1.5 billion worth in 2021.</li>
<li>Block Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>): Formerly Square, the payments company has repeatedly invested in Bitcoin since 2020.</li>
<li>Marathon Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) and Hut 8 Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>): Both firms hold substantial BTC reserves as part of their operational and balance sheet strategies.</li>
<li>Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>): Holds Bitcoin both as an operational necessity and a balance sheet reserve.</li>
</ul>
What&#8217;s Next: The corporate Bitcoin adoption trend was accelerated after U.S. accounting rules changed in 2024, allowing for fair value accounting of crypto assets, reducing the reporting friction associated with volatility on financial statements.
The STRC offering, managed by Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), Barclays (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BCS#NYSE">BCS</a>), Moelis &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MC#NYSE">MC</a>), and TD Securities, allows Strategy to adjust dividends based on market conditions, with restrictions on reductions. 
The stock can be redeemed at $101 per share after listing on major exchanges, ensuring flexibility for the company.
Strategy's capital-raising efforts, including prior $4.2 billion STRD offerings, support its "42/42" plan to raise $84 billion by 2027 for Bitcoin acquisitions. 
The firm's Bitcoin holdings, representing 3% of the total 21 million BTC supply, underscore its dominant position in the corporate crypto space.
Analysts remain divided on Strategy's strategy. 
Some, like Canaccord Genuity, see a rational approach, while others question the sustainability of its premium valuation if Bitcoin prices fall. 
Saylor, however, asserts the company's capital structure can withstand significant market downturns.
Read Next: 
<ul class="wp-block-list">
<li><a style="font-weight: bold;" href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46619087/gold-backed-stablecoin-debuts-as-payment-method-for-african-content-creators">Gold-Backed Stablecoin Debuts As Payment Method For African Content Creators</a></li>
</ul>
Image: Shutterstock

Strategy Upsizes $500 Million IPO To $2.5 Billion: Which Other Companies Are Buying Bitcoin?

Shares of MARA Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) are trading lower Friday, falling nearly 3% after the Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining giant this week announced a significant capital raise.
What To Know: The company <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46574013/why-is-marathon-raising-1b-without-paying-interest-the-real-bet-behind-its-bold-bitcoin-move">revealed</a> plans for a private offering of $850 million in 0.00% convertible senior notes due 2032, with an option for institutional buyers to purchase an additional $150 million.
The move, which could raise up to $1 billion, is intended to strengthen Marathon's financial position. The company plans to use approximately $50 million of the proceeds to repurchase a portion of its 1.00% convertible notes due in 2026, reducing near-term debt. 
The <a href="https://www.benzinga.com/markets/equities/25/07/46627100/mara-holdings-stock-fell-nearly-3-in-friday-pre-market-whats-going-on">remaining funds</a> are earmarked for acquiring more Bitcoin, funding operations, and potential strategic investments. To mitigate potential shareholder dilution from the conversion of these notes, Marathon will use part of the proceeds for capped call transactions.
Despite the stock's <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46569958/mara-holdings-stock-is-moving-lower-wednesday-heres-why">negative reaction</a>, which is common with debt offerings, there was a note of optimism. Compass Point analyst Ed Engel upgraded MARA on Friday from Sell to Neutral and nearly doubled the price target from $9.50 to $18.
Investors are now looking ahead to Marathon's second-quarter financial results, scheduled for release on July 29. The company, which holds nearly 50,000 BTC, remains a key player for investors seeking exposure to the cryptocurrency market.
Price Action: According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, MARA shares are trading lower by 2.8% to $16.77 Friday morning. The stock has a 52-week high of $30.28 and a 52-week low of $9.81.
Read Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46627515/bitcoin-slips-below-117000-on-whale-selling-ethereum-xrp-hold-steady">Bitcoin Slips Below $117,000 On Whale Selling, Ethereum, XRP Hold Steady</a>
<h2 class="wp-block-heading">How To Buy MARA Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in MARA Holdings&#8217; case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
Image: Shutterstock

MARA Holdings Stock Slips On $1 Billion Note Offering, Analyst Upgrade Offers Support

Compass Point analyst Ed Engel upgrades MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) from Sell to Neutral and raises the price target from $9.5 to $18.

Upgrades

Price Target

Analyst Ratings

Compass Point Upgrades MARA Holdings to Neutral, Raises Price Target to $18

MARA Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) shares fell 2.95% during the Friday pre-market trading session following the company&#8217;s announcement of a proposed private offering.
What Happened:&nbsp;The company disclosed its intention&nbsp;to <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46569958/mara-holdings-stock-is-moving-lower-wednesday-heres-why">offer $850 million </a>of&nbsp;0.00% convertible senior notes due&nbsp;2032 in a private offering&nbsp;to institutional buyers. The underwriters will have a 13-day option to buy an additional $150 million worth of the notes.
The net proceeds, potentially totaling $50 million, will be used in part to repurchase a portion of its outstanding 1.00% convertible senior notes due 2026. The remaining funds will go toward acquiring more Bitcoin and supporting general corporate activities.
As of March 31, the company held $196.2 million in cash and cash equivalents, and by June 30, it owned a total of 49,940 Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>). It is scheduled to report its second-quarter financial results on July 29.
SEE ALSO:&nbsp;<a href="https://benzinga.com/news/25/07/46621957/cathie-wood-pounces-on-tesla-dip-ark-snaps-up-43-7-million-in-ev-stock-while-ditching-crypto-shares-amid-bit" target="_blank" rel="noreferrer noopener">Cathie Wood Pounces On Tesla Dip: Ark Snaps Up $43.7 Million In EV Stock While Ditching Crypto Shares Amid Bitcoin Frenzy</a>
Why It Matters: MARA, one of the largest publicly traded Bitcoin mining firms, is poised to gain from broader Bitcoin's rally. As of June 30, it held nearly 50,000 Bitcoin on its balance sheet, making its stock highly responsive to fluctuations in the cryptocurrency market.
Earlier this month,&nbsp;MARA Holdings&nbsp;announced its <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46215196/mara-shares-inch-higher-in-wednesdays-pre-market-after-bitcoin-miner-targets-40-hashrate-growth-by-year-end">ambitious target</a> to achieve 75 exahashes by the end of 2025, marking a 40% jump from 2024. 
Besides its Bitcoin exposure, MARA has a sizable short interest of approximately 26%, making it a potential short squeeze candidate if Bitcoin's rally continues and regulatory developments turn favorable for the crypto market.
The company is set to report its&nbsp;financial results for the second&nbsp;quarter on July 29, with analysts predicting&nbsp;earnings of 63 cents per&nbsp;share and revenue of $218.45&nbsp;million.
READ MORE:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46622081/bitcoin-dogecoin-slide-ethereum-gains-amid-drop-in-crypto-volatility-analyst-says-a-close-outside-this-range-will-set-stage-for-btcs-big-move">Bitcoin, Dogecoin Slide, Ethereum Gains Amid Drop In Crypto Volatility: Analyst Says A Close Outside This Range Will Set Stage For BTC&#8217;s &#8216;Big Move&#8217;</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

MARA Holdings Stock Fell Nearly 3% In Friday Pre-Market: What's Going On?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/25/25</td>
<td>$160.00</td>
<td>$31.9K</td>
<td>17.0K</td>
<td>42.1K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/25/25</td>
<td>$155.00</td>
<td>$64.3K</td>
<td>36.1K</td>
<td>40.2K</td>
</tr>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/25/25</td>
<td>$22.00</td>
<td>$164.5K</td>
<td>16.8K</td>
<td>13.6K</td>
</tr>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/25/25</td>
<td>$167.50</td>
<td>$79.9K</td>
<td>22.8K</td>
<td>12.1K</td>
</tr>
<tr>
<td>BMNR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$60.00</td>
<td>$63.0K</td>
<td>1.3K</td>
<td>4.7K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$220.00</td>
<td>$27.4K</td>
<td>27.3K</td>
<td>2.8K</td>
</tr>
<tr>
<td>AVGO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/25/25</td>
<td>$290.00</td>
<td>$41.6K</td>
<td>767</td>
<td>1.6K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$17.50</td>
<td>$25.9K</td>
<td>1.0K</td>
<td>836</td>
</tr>
<tr>
<td>CRWV</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/25/25</td>
<td>$124.00</td>
<td>$44.0K</td>
<td>850</td>
<td>703</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/15/25</td>
<td>$50.00</td>
<td>$28.0K</td>
<td>21.1K</td>
<td>589</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on July 25, 2025. This event was a transfer of 100 contract(s) at a $160.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $31.9K, with a price of $319.0 per contract. There were 17057 open contracts at this strike prior to today, and today 42135 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on July 25, 2025. This event was a transfer of 400 contract(s) at a $155.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $64.3K, with a price of $158.0 per contract. There were 36130 open contracts at this strike prior to today, and today 40266 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on July 25, 2025. This event was a transfer of 3500 contract(s) at a $22.00 strike. This particular put needed to be split into 58 different trades to become filled. The total cost received by the writing party (or parties) was $164.5K, with a price of $47.0 per contract. There were 16870 open contracts at this strike prior to today, and today 13682 contract(s) were bought and sold. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on July 25, 2025. This event was a transfer of 130 contract(s) at a $167.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $79.9K, with a price of $615.0 per contract. There were 22878 open contracts at this strike prior to today, and today 12109 contract(s) were bought and sold. 
• For BMNR (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BMNR#AMEX">BMNR</a>), we notice a call option trade that happens to be bullish, expiring in 22 day(s) on August 15, 2025. This event was a transfer of 180 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $63.0K, with a price of $350.0 per contract. There were 1316 open contracts at this strike prior to today, and today 4787 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option trade with bullish sentiment. It expires in 57 day(s) on September 19, 2025. Parties traded 39 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $704.0 per contract. There were 27373 open contracts at this strike prior to today, and today 2891 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on July 25, 2025. Parties traded 150 contract(s) at a $290.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $41.6K, with a price of $278.0 per contract. There were 767 open contracts at this strike prior to today, and today 1694 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be bullish, expiring in 22 day(s) on August 15, 2025. This event was a transfer of 200 contract(s) at a $17.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $25.9K, with a price of $129.0 per contract. There were 1012 open contracts at this strike prior to today, and today 836 contract(s) were bought and sold. 
• Regarding CRWV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>), we observe a put option trade with bullish sentiment. It expires in 1 day(s) on July 25, 2025. Parties traded 100 contract(s) at a $124.00 strike. The total cost received by the writing party (or parties) was $44.0K, with a price of $440.0 per contract. There were 850 open contracts at this strike prior to today, and today 703 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option trade that happens to be neutral, expiring in 22 day(s) on August 15, 2025. This event was a transfer of 50 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $560.0 per contract. There were 21112 open contracts at this strike prior to today, and today 589 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AVGO

BMNR

NVDA

PLTR

SMCI

Reported Earlier, MARA Holdings Prices Upsized $950M Offering Of 0.00% Convertible Senior Notes Due 2032

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/25/25</td>
<td>$215.00</td>
<td>$160.0K</td>
<td>53.3K</td>
<td>125.3K</td>
</tr>
<tr>
<td>MARA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/25/25</td>
<td>$17.00</td>
<td>$63.5K</td>
<td>9.2K</td>
<td>36.0K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/25/25</td>
<td>$150.00</td>
<td>$35.2K</td>
<td>10.3K</td>
<td>14.8K</td>
</tr>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/01/25</td>
<td>$172.50</td>
<td>$34.2K</td>
<td>20.2K</td>
<td>12.9K</td>
</tr>
<tr>
<td>ENPH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$45.00</td>
<td>$91.4K</td>
<td>7.3K</td>
<td>7.0K</td>
</tr>
<tr>
<td>CIFR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$10.00</td>
<td>$75.3K</td>
<td>8.0K</td>
<td>6.9K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>07/25/25</td>
<td>$420.00</td>
<td>$341.0K</td>
<td>4.8K</td>
<td>3.7K</td>
</tr>
<tr>
<td>S</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/25/25</td>
<td>$18.50</td>
<td>$30.5K</td>
<td>4.0K</td>
<td>2.8K</td>
</tr>
<tr>
<td>APH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$100.00</td>
<td>$37.7K</td>
<td>2.1K</td>
<td>2.0K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/01/25</td>
<td>$115.00</td>
<td>$47.9K</td>
<td>2.5K</td>
<td>1.3K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on July 25, 2025. This event was a transfer of 1032 contract(s) at a $215.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $160.0K, with a price of $155.0 per contract. There were 53303 open contracts at this strike prior to today, and today 125342 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on July 25, 2025. This event was a transfer of 1980 contract(s) at a $17.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $63.5K, with a price of $32.0 per contract. There were 9285 open contracts at this strike prior to today, and today 36032 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on July 25, 2025. This event was a transfer of 101 contract(s) at a $150.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $350.0 per contract. There were 10317 open contracts at this strike prior to today, and today 14855 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on August 1, 2025. Parties traded 151 contract(s) at a $172.50 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $34.2K, with a price of $227.0 per contract. There were 20262 open contracts at this strike prior to today, and today 12926 contract(s) were bought and sold. 
• Regarding ENPH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), we observe a put option sweep with bearish sentiment. It expires in 23 day(s) on August 15, 2025. Parties traded 101 contract(s) at a $45.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $91.4K, with a price of $905.0 per contract. There were 7328 open contracts at this strike prior to today, and today 7065 contract(s) were bought and sold. 
• For CIFR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NASDAQ">CIFR</a>), we notice a call option trade that happens to be bearish, expiring in 23 day(s) on August 15, 2025. This event was a transfer of 3427 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $75.3K, with a price of $22.0 per contract. There were 8090 open contracts at this strike prior to today, and today 6915 contract(s) were bought and sold. 
• For MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we notice a put option sweep that happens to be neutral, expiring in 2 day(s) on July 25, 2025. This event was a transfer of 246 contract(s) at a $420.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $341.0K, with a price of $1378.0 per contract. There were 4839 open contracts at this strike prior to today, and today 3783 contract(s) were bought and sold. 
• Regarding S (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on July 25, 2025. Parties traded 244 contract(s) at a $18.50 strike. This particular call needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $125.0 per contract. There were 4056 open contracts at this strike prior to today, and today 2878 contract(s) were bought and sold. 
• For APH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>), we notice a put option sweep that happens to be bullish, expiring in 23 day(s) on August 15, 2025. This event was a transfer of 100 contract(s) at a $100.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $37.7K, with a price of $378.0 per contract. There were 2139 open contracts at this strike prior to today, and today 2063 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on August 1, 2025. This event was a transfer of 461 contract(s) at a $115.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $47.9K, with a price of $104.0 per contract. There were 2576 open contracts at this strike prior to today, and today 1328 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CIFR

ENPH

10 Information Technology Stocks With Whale Alerts In Today's Session

<h3>Gainers</h3>
<ul>
<li>Alpha Modus Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMOD#NASDAQ">AMOD</a>) shares rose 56.8% to $1.82 during Wednesday's regular session. The company's market cap stands at $16.0 million. </li>
<li>Wolfspeed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) stock moved upwards by 28.87% to $1.83. The company's market cap stands at $220.9 million. </li>
<li>Helport AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HPAI#NASDAQ">HPAI</a>) shares increased by 23.18% to $5.1. The company's market cap stands at $153.7 million. </li>
<li>PicoCELA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCLA#NASDAQ">PCLA</a>) shares increased by 16.2% to $0.56. The company's market cap stands at $15.9 million. </li>
<li>NiSun Intl Enterprise Dev (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NISN#NASDAQ">NISN</a>) stock increased by 14.91% to $4.7. The market value of their outstanding shares is at $16.1 million. </li>
<li>Mobilicom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOB#NASDAQ">MOB</a>) stock increased by 13.35% to $3.82. The company's market cap stands at $25.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Trident Digital Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDTH#NASDAQ">TDTH</a>) shares declined by 21.9% to $1.75 during Wednesday's regular session. The company's market cap stands at $144.5 million. </li>
<li>ReAlpha Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRE#NASDAQ">AIRE</a>) stock decreased by 19.14% to $0.37. The company's market cap stands at $31.3 million. </li>
<li>Enphase Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) shares declined by 14.71% to $36.25. The company's market cap stands at $5.5 billion. The company's, Q2 earnings came out yesterday. </li>
<li>Bit Origin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) shares decreased by 14.15% to $0.58. The company's market cap stands at $39.9 million. </li>
<li>Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) shares declined by 11.89% to $189.38. The company's market cap stands at $195.2 billion. The company's, Q2 earnings came out yesterday. </li>
<li>MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) shares decreased by 11.4% to $17.61. The market value of their outstanding shares is at $6.9 billion. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

AIRE

AMOD

HPAI

NISN

PCLA

TDTH

WOLF

12 Information Technology Stocks Moving In Wednesday's Intraday Session

WIIM

Marathon Digital shares are trading lower after the company announced a proposed private offering of $850 million in zero-coupon convertible senior notes.

<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46403158/whats-going-on-with-marathon-digital-holdings-shares-today">Bitcoin mining company</a> Marathon Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) on Wednesday announced plans to raise up to $1 billion through a private offering of zero-coupon convertible senior notes due 2032, according to a recent SEC filing.
The offering begins at $850 million, with an option allowing initial purchasers to buy an additional $150 million in notes. Only qualified institutional buyers are eligible to participate in the transaction, <a href="https://www.sec.gov/Archives/edgar/data/1507605/000095014225001988/eh250657076_ex9901.htm">according</a> to an SEC filing.
These notes will carry no regular interest payments and may be converted into cash, MARA shares, or a combination of both, based on the investor's preference. 
The notes mature in August 2032, although holders can request redemption in August 2030 under certain conditions tied to MARA's stock performance.
Marathon will also have the ability to redeem the notes starting in 2030, if specific pricing thresholds are met.
The company intends to allocate up to $50 million from the proceeds to buy back part of its existing 1% convertible notes due in 2026, aiming to reduce near-term debt. 
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46567973/ethereum-treasury-company-trend-will-accelerate-says-bitwises-matt-hougan-heres-what-it-means-for-eths-price">Ethereum Treasury Company Trend &#8216;Will Accelerate&#8217;, Says Bitwise&#8217;s Matt Hougan—Here&#8217;s What It Means For ETH&#8217;s Price</a>
The remaining capital will support Bitcoin purchases, operational costs, infrastructure development, and potential strategic acquisitions, the filing stated.
A portion of the proceeds will be used for "capped call" transactions, a financial hedge designed to limit stock dilution if the notes are converted to equity, helping preserve shareholder value.
Marathon is currently the second-largest public holder of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), with 50,000 BTC valued at approximately $5.9 billion, according to data from Bitcoin Treasuries. 
This puts it behind only Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) in terms of corporate Bitcoin reserves, and well ahead of its mining sector peers.
Despite the announcement, MARA stock fell more than 4% to $19.05 in Wednesday's pre-market trading session.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46566846/us-economic-fascism-will-pump-bitcoin-to-250000-eth-to-10000-arthur-hayes-predicts">US &#8216;Economic Fascism&#8217; Will Pump Bitcoin To $250,000, ETH To $10,000, Arthur Hayes Predicts</a></li>
</ul>
Image created using artificial intelligence with Midjourney.

Why Is Marathon Raising $1B Without Paying Interest? The Real Bet Behind Its Bold Bitcoin Move

MARA Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) shares are moving lower Wednesday after the company announced a <a href="https://www.benzinga.com/pressreleases/25/07/g46567667/mara-holdings-inc-announces-proposed-private-offering-of-850-million-of-zero-coupon-convertible-se">proposed private offering</a>.
What To Know: MARA Holdings said it intends to offer&nbsp;$850 million of&nbsp;0.00%&nbsp;convertible senior notes due 2032 in a private offering to institutional buyers. The company expects to grant the underwriters a 13-day window to purchase up to an additional $150 million of the notes. 
MARA Holdings expects to use up to $50 million of the net proceeds to repurchase a portion of its existing&nbsp;1.00%&nbsp;convertible senior notes due 2026. The remainder of the proceeds will be used to acquire additional Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and for and for general corporate purposes.
The company had $196.2 million in total cash and cash equivalents as of March 31 and held a total of 49,940 Bitcoin as of June 30. 
MARA Holdings is due to report <a href="https://www.benzinga.com/calendars/earnings">financial results for the second quarter</a> on July 29. Analysts expect the company to report earnings of 63 cents per share and revenue of $218.45 million, according to estimates from <a href="http://pro.benzinga.com">Benzinga Pro</a>.
MARA Price Action: <a href="http://benzinga.com/quote/MARA">MARA Holdings shares</a> were down 4.98% at $18.90 at the time of publication Wednesday, according to Benzinga Pro. The stock has gained approximately 33% over the past month.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/insights/options/25/07/46554703/this-is-what-whales-are-betting-on-mara-holdings">This Is What Whales Are Betting On MARA Holdings</a></li>
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46566846/us-economic-fascism-will-pump-bitcoin-to-250000-eth-to-10000-arthur-hayes-predicts">US &#8216;Economic Fascism&#8217; Will Pump Bitcoin To $250,000, ETH To $10,000, Arthur Hayes Predicts</a></li>
</ul>
Photo: sundaemorning/Shutterstock.com

Offerings

MARA Holdings Stock Is Moving Lower Wednesday: Here's Why

Whales with a lot of money to spend have taken a noticeably bearish stance on MARA Holdings.
Looking at options history for MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) we detected 25 trades.
If we consider the specifics of each trade, it is accurate to state that 24% of the investors opened trades with bullish expectations and 64% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $142,697 and 21, calls, for a total amount of $1,520,957.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $12.0 to $30.0 for MARA Holdings over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in MARA Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to MARA Holdings's substantial trades, within a strike price spectrum from $12.0 to $30.0 over the preceding 30 days.
<h3>MARA Holdings Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1753207324_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/17/27</td>
<td>$6.2</td>
<td>$6.05</td>
<td>$6.12</td>
<td>$30.00</td>
<td>$397.8K</td>
<td>1.0K</td>
<td>1.3K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$2.33</td>
<td>$2.3</td>
<td>$2.3</td>
<td>$19.00</td>
<td>$153.6K</td>
<td>7.5K</td>
<td>2.5K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/25/25</td>
<td>$0.92</td>
<td>$0.9</td>
<td>$0.9</td>
<td>$19.00</td>
<td>$90.1K</td>
<td>8.8K</td>
<td>8.7K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$0.41</td>
<td>$0.39</td>
<td>$0.39</td>
<td>$25.00</td>
<td>$78.2K</td>
<td>9.7K</td>
<td>791</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/25/25</td>
<td>$0.75</td>
<td>$0.73</td>
<td>$0.75</td>
<td>$19.50</td>
<td>$75.0K</td>
<td>10.3K</td>
<td>10.5K</td>
</tr>
</tbody>
</table>

<h3>About MARA Holdings</h3>
MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value. The company also offers technology solutions to optimize data center operations, including next-generation liquid immersion cooling and firmware for bitcoin miners. It is focused on computing for, acquiring, and holding digital assets as a long-term investment.
In light of the recent options history for MARA Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is MARA Holdings Standing Right Now?</h3>
<ul>
<li>With a volume of 24,667,678, the price of MARA is up 4.73% at $19.72. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 7 days.</li>
</ul>
<h3>Expert Opinions on MARA Holdings</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $26.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for MARA Holdings, targeting a price of $26. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for MARA Holdings, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

This Is What Whales Are Betting On MARA Holdings

A little-known crypto microcap is suddenly attracting some very big names. Bitmine Immersion Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMNR#NYSE">BMNR</a>), a <a href="https://www.benzinga.com/topic/crypto-mining">modular crypto miner</a> previously flying under the radar, has become the latest magnet for bold bets from Peter Thiel, Cathie Wood, and Tom Lee. 
That conviction seems to be resonating with the market. BMNR has surged 279.75% over the past year, is up 465.29% year-to-date, and a staggering 799.32% in just the past month—turning what was once an obscure microcap into one of the hottest tickets in crypto infrastructure.
The twist? This isn't a traditional Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining story—it's a bet on Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>).
<h2 class="wp-block-heading">Wall Street Royalty Makes Its Move</h2>
Through his Founders Fund, Thiel has acquired a 9% stake in Bitmine. At the same time, ARK Invest—led by Wood—restructured three of its flagship ETFs to include a 1.5% position in the company, dumping shares of Coinbase and Roblox to fund the move. 
In parallel, Lee, a long-time Ethereum bull and founder of Fundstrat, has not only taken a board seat but also been named chairman, signaling deep strategic involvement.
This kind of convergence doesn't happen often. When three of the most forward-leaning minds in finance converge on a miner that was worth $50 million just a few days back, investors should pay attention.
Read Also: <a href="https://www.benzinga.com/crypto/25/07/46538868/bitcoin-surges-ethereum-nears-4000-as-treasury-yields-pop-dollar-weakens-deficit-spending-crisis-is-much-worse-than-you-think">Bitcoin Surges, Ethereum Nears $4000 As Treasury Yields Pop, Dollar Weakens — &#8216;Deficit Spending Crisis Is Much Worse Than You Think&#8217;</a>
<h2 class="wp-block-heading">Not Your Average Mining Stock</h2>
Unlike Riot Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) or MARA Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), which focus on brute-force Bitcoin mining, Bitmine is angling for something different. The company uses immersion cooling and modular setups to improve efficiency, and it&#8217;s now positioning itself as an Ethereum treasury play rather than just a mining farm. This pivot aligns with the broader shift in the crypto space toward proof-of-stake assets, multi-token exposure, and more diversified infrastructure.
The Ethereum angle lends Bitmine added relevance as institutions gradually warm to ETH exposure beyond simply buying coins. With ARK's backing, Thiel's endorsement, and Lee's strategic vision, Bitmine is being rebranded—from obscure penny stock to speculative blue-sky growth play.
While still a smaller crypto player, Bitmine now sits in a very different conversation—one that includes AI-powered infrastructure, crypto-native treasury management, and next-generation energy efficiency. And with Ethereum&#8217;s narrative heating up again, it may not stay under the radar for long.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/25/07/46536301/sell-ethereum-now-peter-schiff-says-great-time-to-do-so-explains-why-investors-should-buy-bitcoin-with-proceeds-instead">Sell Ethereum Now? Peter Schiff Says &#8216;Great Time&#8217; To Do So, Explains Why Investors Should Buy Bitcoin With Proceeds Instead</a></li>
</ul>
Photo: Shutterstock

Long Ideas

Trading Ideas

$ETH

Peter Thiel And Cathie Wood Just Boarded Tom Lee's Ether Rocket

In the preceding three months, 7 analysts have released ratings for MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), presenting a wide array of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $20.21, a high estimate of $28.00, and a low estimate of $9.50. Observing a downward trend, the current average is 8.72% lower than the prior average price target of $22.14. 
<img src="https://www.benzinga.com/files/images/story/2025/1753128035_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive MARA Holdings. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$26.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Reginald Smith</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$19.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Chris Brendler</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$20.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Ramsey El-Assal</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$16.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Joe Flynn</td>
<td>Compass Point</td>
<td>Lowers</td>
<td>Sell</td>
<td>$9.50</td>
<td>$25.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$23.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Kevin Dede</td>
<td>HC Wainwright &amp; Co.</td>
<td>Maintains</td>
<td>Buy</td>
<td>$28.00</td>
<td>$28.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to MARA Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of MARA Holdings compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of MARA Holdings's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into MARA Holdings's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MARA/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on MARA Holdings analyst ratings.</a>
<h2>Delving into MARA Holdings's Background</h2>
MARA Holdings Inc leverages digital asset compute to support the energy transformation. It secures the blockchain ledger and supports the energy transformation by converting clean, stranded, or underutilized energy into economic value. The company also offers technology solutions to optimize data center operations, including next-generation liquid immersion cooling and firmware for bitcoin miners. It is focused on computing for, acquiring, and holding digital assets as a long-term investment.
<h3>MARA Holdings's Financial Performance</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Over the 3M period, MARA Holdings showcased positive performance, achieving a revenue growth rate of 29.47% as of 31 March, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -249.29%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): MARA Holdings's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -13.58%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -8.05%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: MARA Holdings's debt-to-equity ratio stands notably higher than the industry average, reaching 0.71. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>The Significance of Analyst Ratings Explained</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing MARA Holdings: Insights From 7 Financial Analysts

Strategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), a major institutional holder of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), expanded its crypto reserves this week with a fresh purchase of 6,220 BTC. 
The <a href="https://www.strategy.com/press/strategy-acquires-6220-btc-and-now-holds-607770-btc_07-21-2025">acquisition</a>, disclosed in a July 21 SEC filing, was made over a six-day period and cost the firm $739.8 million in cash. The company paid an average of $118,940 per coin.
With this addition, Strategy now holds a total of 607,770 BTC, purchased for approximately $43.61 billion. 
The company last made headlines on July 14 when it acquired 4,225 BTC for $472.5 million also financed by cash reserves and proceeds from a February convertible note issuance.
According to internal figures shared by Executive Chairman Michael Saylor, Strategy's Bitcoin holdings are now valued at around $71 billion.
This puts the firm's digital asset stack among the top 10 largest cash-equivalent holdings of any S&amp;P 500 company, just behind General Motors&#8217; $89 billion and ahead of ExxonMobil's $67 billion.
Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46515365/ethereum-roars-to-3800-whats-driving-the-surge">Ethereum Roars To $3,800: What&#8217;s Driving The Surge?</a>
Saylor has consistently championed Bitcoin as a better long-term store of value than traditional fiat or U.S. Treasuries.
The firm has committed to regular BTC purchases, typically announcing them on Mondays, with funding coming from operating cash, share sales, and convertible debt.
Strategy's Bitcoin-focused treasury approach has influenced other public companies to follow suit. 
As of now, 141 corporations are reported to hold some form of BTC on their balance sheets. 
These include Marathon Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), Riot Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>), Twenty One, and Metaplanet (OTC:<a class="ticker" href="https://www.benzinga.com/stock/MTPLF#OTC">MTPLF</a>). Despite this growing list, Strategy remains the largest corporate Bitcoin holder, with nearly 3% of the cryptocurrency's total <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44975441/cantor-fitzgerald-backed-twenty-one-launches-strategy-rival-at-3-billion-valuation">capped supply of 21 million.</a>
TD Cowen recently raised its price target for Strategy stock from $590 to $680, citing bullish Bitcoin price forecasts. 
The investment bank expects Bitcoin to reach $155,000 by the end of 2025.
Following the news of its latest purchase, Strategy's stock rose nearly 2% in pre-market trading, hovering around $429 per share, while Bitcoin remained relatively stable at approximately $118,670.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/25/07/46506512/another-1-1-billion-is-this-bitcoin-ethereum-etf-buying-spree-sustainable">Another $1.1 Billion: Is This Bitcoin, Ethereum ETF Buying Spree Sustainable?</a></li>
</ul>
Image: Shutterstock

MTPLF

Strategy Buys 6,220 BTC, Boosts Bitcoin War Chest To 607,770

Piper Sandler analyst Patrick Moley maintains MARA Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) with a Overweight and raises the price target from $23 to $26.

Piper Sandler Maintains Overweight on MARA Holdings, Raises Price Target to $26

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$172.50</td>
<td>$92.4K</td>
<td>81.7K</td>
<td>42.5K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$160.00</td>
<td>$77.1K</td>
<td>29.1K</td>
<td>16.7K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$212.50</td>
<td>$27.5K</td>
<td>29.7K</td>
<td>11.4K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$510.00</td>
<td>$30.2K</td>
<td>33.3K</td>
<td>8.5K</td>
</tr>
<tr>
<td>U</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$65.00</td>
<td>$25.8K</td>
<td>35.0K</td>
<td>3.8K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/01/25</td>
<td>$25.00</td>
<td>$75.4K</td>
<td>3.8K</td>
<td>1.7K</td>
</tr>
<tr>
<td>CIFR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$8.00</td>
<td>$57.1K</td>
<td>7.8K</td>
<td>1.5K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>07/25/25</td>
<td>$19.50</td>
<td>$76.5K</td>
<td>4.4K</td>
<td>1.1K</td>
</tr>
<tr>
<td>BTBT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$5.00</td>
<td>$52.5K</td>
<td>16.5K</td>
<td>803</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/15/25</td>
<td>$180.00</td>
<td>$89.3K</td>
<td>11.4K</td>
<td>655</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 755 contract(s) at a $172.50 strike. This particular call needed to be split into 110 different trades to become filled. The total cost received by the writing party (or parties) was $92.4K, with a price of $127.0 per contract. There were 81726 open contracts at this strike prior to today, and today 42589 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 430 contract(s) at a $160.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $77.1K, with a price of $176.0 per contract. There were 29167 open contracts at this strike prior to today, and today 16759 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 500 contract(s) at a $212.50 strike. This particular call needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $55.0 per contract. There were 29790 open contracts at this strike prior to today, and today 11475 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 159 contract(s) at a $510.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $30.2K, with a price of $190.0 per contract. There were 33394 open contracts at this strike prior to today, and today 8541 contract(s) were bought and sold. 
• Regarding U (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>), we observe a call option trade with bullish sentiment. It expires in 182 day(s) on January 16, 2026. Parties traded 97 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $25.8K, with a price of $267.0 per contract. There were 35005 open contracts at this strike prior to today, and today 3870 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option sweep that happens to be bearish, expiring in 14 day(s) on August 1, 2025. This event was a transfer of 1710 contract(s) at a $25.00 strike. This particular call needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $75.4K, with a price of $44.0 per contract. There were 3813 open contracts at this strike prior to today, and today 1755 contract(s) were bought and sold. 
• For CIFR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NASDAQ">CIFR</a>), we notice a call option sweep that happens to be bullish, expiring in 28 day(s) on August 15, 2025. This event was a transfer of 1425 contract(s) at a $8.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $57.1K, with a price of $40.0 per contract. There were 7881 open contracts at this strike prior to today, and today 1507 contract(s) were bought and sold. 
• For MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we notice a call option sweep that happens to be neutral, expiring in 7 day(s) on July 25, 2025. This event was a transfer of 900 contract(s) at a $19.50 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $76.5K, with a price of $85.0 per contract. There were 4410 open contracts at this strike prior to today, and today 1181 contract(s) were bought and sold. 
• Regarding BTBT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>), we observe a call option sweep with bearish sentiment. It expires in 182 day(s) on January 16, 2026. Parties traded 500 contract(s) at a $5.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $52.5K, with a price of $105.0 per contract. There were 16562 open contracts at this strike prior to today, and today 803 contract(s) were bought and sold. 
• Regarding FSLR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), we observe a call option sweep with neutral sentiment. It expires in 28 day(s) on August 15, 2025. Parties traded 100 contract(s) at a $180.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $89.3K, with a price of $895.0 per contract. There were 11447 open contracts at this strike prior to today, and today 655 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BTBT

FSLR

MARA Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) saw its shares climb at Friday&#8217;s market open before trading flat, as the digital asset sector digests a monumental week of legislative progress in Washington. The price action reflects broader market sentiment following the U.S. House of Representatives <a href="https://www.benzinga.com/crypto/25/07/46480331/the-us-just-took-a-big-step-toward-crypto-regulation-heres-what-the-clarity-act-actually-says">passing two key crypto bills</a>.
What To Know: On Thursday, the House approved the CLARITY Act, a comprehensive framework designed to end long-standing regulatory uncertainty. The bill aims to provide clear jurisdictional lines between the SEC and the CFTC, offering a defined roadmap for innovation and compliance.
Lawmakers also passed the GENIUS Act, or stablecoin bill, which establishes a federal regulatory framework for digital currencies pegged to assets like the U.S. dollar. Hailed as &#8220;transformational&#8221; by <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46487109/ripple-ceo-hails-genius-act-as-transformational-legislation-compares-it-to-dodd-frank-act-this-moment-is-a-historic-one">industry leaders</a> like Ripple CEO Brad Garlinghouse, the bill is set to be signed into law and could unlock trillions in market growth.
For Bitcoin miners like Marathon, this legislative momentum is a significant tailwind. While MARA&#8217;s revenue is tied to mining BTC, its stock is sensitive to overall market health. Clearer regulations reduce investment risk, potentially boosting institutional adoption and providing a more stable operating environment for the entire U.S. crypto ecosystem.
Price Action: According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, MARA shares are trading flat Friday morning at $19.98. The stock has a 52-week high of $30.28 and a 52-week low of $9.81.
Read Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46494592/coinbase-stock-soars-to-all-time-high-on-landmark-crypto-legislation">Coinbase Stock Soars To All-Time High On Landmark Crypto Legislation</a>
<h2 class="wp-block-heading">How To Buy MARA Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in MARA Holdings&#8217; case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
Image: Shutterstock

What's Going On With MARA Holdings Stock Friday?

Commodities

Press Releases

LG-BACKED VENTURE PADO AI ORCHESTRATION COLLABORATES WITH MARA ON NEW DATA CENTER POWER MANAGEMENT SOLUTIONS

MARA Announces Bitcoin Production and Mining Operation Updates for May 2025

Hyper-responsive load management system for hyperscalers: MARA and TAE Power Solutions partner for first-of-its-kind grid efficiency platform

MARA Reports June 2025 Bitcoin Production and Mining Operations Update, Issues Mid-Year Outlook

MARA Appoints Nir Rikovitch as Chief Product Officer

MARA Leads $20 Million Investment in Two Prime to Advance Institutional Bitcoin Yield Strategies and Expands SMA to 2,000 BTC

MARA Schedules Conference Call for Second Quarter 2025 Financial Results

MARA Holdings, Inc. Announces Proposed Private Offering of $850 Million of Zero Coupon Convertible Senior Notes

MARA Holdings, Inc. Announces Pricing of Upsized $950 Million Offering of 0.00% Convertible Senior Notes due 2032

Fintech

U.S.-Listed Mega Matrix Enters Stablecoin Sector with Strategic Transformation and $16 Million Financing

SBET

ACI Worldwide

AppFolio

Aurora Innovation, Inc. - Class A Common Stock

Aurora Innovation

BILL Holdings

CCC Intelligent Solutions Holdings Inc. - Common Stock

CCC Intelligent Solutions

Confluent

Clearwater Analytics Holdings, Inc. Class A Common Stock

Clearwater Analytics Hldg

Dropbox

InterDigital

Informatica

IREN

Klaviyo

Life360

NICE Ltd - American Depositary Shares each representing one Ordinary Share

NICE

Procore Technologies

Pegasystems

Pony AI Inc. - American Depositary Shares

Pony AI

D-Wave Quantum

Q2 Holdings

Riot Platforms

SoundHound AI, Inc. - Class A Common Stock

SoundHound AI

SPS Commerce

ServiceTitan, Inc. - Class A Common Stock

ServiceTitan

Vertex

Compass Point

Piper Sandler

JP Morgan

Rosenblatt

Barclays

Marathon Patent Group

Screenshot 2025-02-14 at 11.00.11 AM

CLSK

FUFU

How BitFuFu&#39;s 1GW Global Capacity Expansion Plan Can Help Move Crypto Into A New Landscape

Screenshot 2025-01-17 at 9.42.27 PM

Core Scientific, Inc. - Class A Common Stock

CORZ

Trump Gives Crypto A Boost – Here&#39;s How BitFuFu Could Benefit

Screenshot 2024-11-15 at 7.42.11 PM

BTDR

BitFuFu Posts Double-Digit Third Quarter Revenue Growth In A Challenging Market

Screenshot 2024-06-26 at 5.30.28 PM

Three Bitcoin Players You May Want To Watch In The Next Potential Bull Cycle

Screenshot 2024-06-17 at 5.39.57 PM

WULF

The Future Of Bitcoin Mining According To The Industry&#39;s Leading Players

Screenshot 2024-05-29 at 5.42.06 PM

Earnings

BITF

BitFuFu Q1 Earnings: Adjusted EBITDA Up 430.9% To $49.4 Million On Revenue Growth Of 149%, Cash Position Rises To $163.7 Million

Screenshot 2024-04-12 at 5.28.51 PM

Bitdeer Releases Full-Year Results For 2023 – Revenue Up And Forecast For Continued Growth

Screenshot 2024-03-13 at 5.41.37 PM

Bitdeer Creates First-Generation Bitcoin Mining Chip In Major Step To Becoming The First Fully Integrated Miner

Comments

MARA Holdings

Notizie

Ultime notizie per MARA Holdings (NASDAQ:MARA) Azioni

Le persone guardano anche

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO