—
C+
C+ The full Closelooknet — membership. Open the C+ overview

Marathon Digital Holdings Inc (MARA) — chart, structure and Closelooknet read

The Closelooknet read

MARA Holdings mines Bitcoin and repurposes surplus power capacity to run computing hardware for artificial-intelligence inference workloads. It operates energy and digital-infrastructure sites across North America, the Middle East, Europe and Latin America, and is based in Hallandale Beach, Florida.

Detail below: the desk's view, the earnings record, peers and the company snapshot; daily prices on the price-history tab. Research diary readings, not advice.

Pick a ticker to load its detail page.

Signals for this name

Every Closelooknet reading that exists for MARA, from the same nightly bakes the boards use. Research diary readings, not advice.

Mentioned on Closelooknet 3 pieces · newest: Daily Pulse, “Bitcoin and Gold — The Has-Been Breaks Out, the Darling Rolls Over” (2026-09-21)

Mentioned on Closelooknet

Where MARA appears in the diary — 3 pieces, newest first. Every link is our own writing.

Long reads

Dailies

  • Bitcoin and Gold — The Has-Been Breaks Out, the Darling Rolls OverDaily Pulse · 21 Sept 2026Friday's closes from the Closelook data lake: Table as text Name Friday close Friday Strategy (MSTR) 153.92 +16.4% Marathon (MARA) 13.24 +13.8% Coinbase (COIN) 194.25 +11.7% Robinhood (HOOD) 119.82 +9.1% Riot (RIOT) 23.75 +8.6% Hut 8…
  • Three Ladders: Gold, Crypto, MaterialsDaily Pulse · 24 Aug 2026The crypto ladder — fresh, and only half confirmed IBIT (spot bitcoin) 1w +22.6% · 1m +19.2% BITW (top-10 basket) 1w +23.9% MSTR (treasury holder) 1w +28.2% · 3m −27.7% COIN (exchange) 1w +25.6% · 3m −3.7% · HOOD (broker) 1w +13.2% · 3m…
Weather around the name 3 macro readings: Money Temperature, Factor regime, Sovereign pressure

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 46/100 · S&P 500 fund at 49, above its 200-day averageEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-10-30
  • Factor regime Defensive rotation — low-vol leading, regime-change watchMomentum against low volatility (SPMO / SPLV): below its 50-day trend, 81th percentile of the window, -13.7% over 20 sessions. Factor regime → 2026-10-29
  • Sovereign pressure Index -1.66 · down 2.24 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-10-30
How it trades on rate days beta 0.74 to TLT · on the worst bond days it fell more than the market

How it trades on rate days

How MARA has moved when long-dated Treasury yields rise — measured against TLT, the 20+ year Treasury fund.

  • Beta to long bonds, 1 year 0.74 — shows only a loose link to bond moves for every 1% move in TLT (20+ year Treasuries), Marathon Digital Holdings Inc moved 0.74% on average · correlation 0.08 · higher than 68% of US names
  • Beta, last 3 months −0.19 less rate-sensitive lately than over the year
  • On the 10 worst bond days −4.81% on average against −0.74% for the S&P 500 the 10 sessions of the past year in which TLT fell most, i.e. long yields rose most
  • Latest of those days −3.22% TLT −1.29% that day 2026-09-24

Daily total returns from the adjusted price series; a TLT down day is a day long yields rose. Beta = the average move of the name for a 1% move in TLT. Past sensitivity, not a forecast. An investment diary, not a recommendation.

Who it is priced against Capital Markets · US · 8 names with week and year-to-date

Peer group

Capital Markets · US

This name carries no Closelooknet score, so its cohort ranks on trend state — distance to the 50- and 200-day averages — never on a score it does not have.

Compared against MARA on the nightly bakes; the Peers tab ranks the cohort on the Closelooknet scores where it exists.

Company snapshot — Marathon Digital Holdings Inc

MARA in five paragraphs: what it makes and sells, where it sits in the Closelooknet stack, who it is priced against, why we track it, what we watch. Research diary, not advice.

What it does
MARA Holdings mines Bitcoin and repurposes surplus power capacity to run computing hardware for artificial-intelligence inference workloads. It operates energy and digital-infrastructure sites across North America, the Middle East, Europe and Latin America, and is based in Hallandale Beach, Florida. The company was previously named Marathon Digital Holdings before it broadened beyond mining alone.
Where it sits in the stack
MARA holds no seat in our index. It belongs to the crypto ladder, the sleeve of digital-asset-linked equities the diary tracks alongside gold and materials, where it represents the mining side that turns spare power into coin output.
Who it is priced against
The diary groups it in that crypto ladder with MSTR, a bitcoin treasury holder, COIN, an exchange, and HOOD, a broker, alongside the bitcoin trackers IBIT and BITW; the market also names Riot Platforms as a comparable miner.
Why Closelooknet tracks it
MARA has been quoted once, in a Daily Pulse piece comparing crypto-linked names across a weekly and monthly window. It carries no index seat and no Closelooknet score has yet been built for it.
What the diary watches
Whether power costs and bitcoin's own price swings move faster than the AI-compute side of its business, which would change how the mining and inference lines read together.

Marathon Digital Holdings Inc (MARA) trades on US exchanges.

Written from the company’s public profile and Closelooknet’s own readings, 2026-09-17. Descriptive, refreshed with the registry; corrections welcome via the imprint. closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

The Street on this name 1 analyst action on the wire · latest: price target by Piper Sandler, 2026-10-20

The Street on this name

Analyst actions and the latest print for MARA from the Closelooknet wires — third-party opinions on the record, not our readings.

  • Price target Piper Sandler — target 11 from 13 Target cut to $11 from $13 (+49.2% to spot) 2026-10-20

1 action on the analyst wire since 2026-08-13: 1 target change. Analyst wire → · Earnings wire →

FAQ · from the current data · as of 2026-10-31

Quick answers

What is Marathon Digital Holdings Inc (MARA)?

Marathon Digital Holdings Inc trades as MARA on the US exchange (US) in the Closelooknet research universe, as of the registry build of 2026-10-31.

Is MARA in a Closelooknet index?

Not currently — Marathon Digital Holdings Inc is tracked in the Closelooknet research universe but is not a constituent of a Closelooknet functional index as of 2026-10-31.

Where does MARA trade against its moving averages?

Marathon Digital Holdings Inc trades 34.7% below its 50-day and 37.3% below its 200-day moving average (18.8% below its 20-day). As of 2026-10-30 — a technical state from the nightly Closelooknet bake, not advice. The Technical tab carries the full row.

How does Marathon Digital Holdings Inc compare with its peers?

Against its peer group (Capital Markets · US), Marathon Digital Holdings Inc (MARA) sits 63.8% below its 52-week high, 34.7% below its 50-day average; Futu Holdings Ltd (FUTU) is 50.6% below, PJT Partners Inc (PJT) is 23.1% below, Figure Technology Solutions, Inc. Class A Common Stock (FIGR) is 72.3% below, as of 2026-10-30. Put any of them next to MARA in the chart grid (2×1 or 2×2) and the page lays the companies side by side: performance, trend, valuation, margins and our money-flow reading.

How does Marathon Digital Holdings Inc trade when bond yields rise?

Over the past year Marathon Digital Holdings Inc had a beta of 0.74 to TLT, the long-dated Treasury fund — it shows only a loose link to bond moves, higher than 68% of US names. On the 10 sessions in which long bonds fell most it moved −4.81% on average, against −0.74% for the S&P 500. As of 2026-10-30; The "How it trades on rate days" block on this page carries the lines.

Where has Closelooknet written about Marathon Digital Holdings Inc?

Marathon Digital Holdings Inc appears in 3 Closelooknet pieces as of 2026-10-31, most recently Daily Pulse: Bitcoin and Gold — The Has-Been Breaks Out, the Darling Rolls Over (2026-09-21); Weekly Signal: Bitcoin — New Life for the Coins and the Stocks (2026-09-20); Daily Pulse: Three Ladders: Gold, Crypto, Materials (2026-08-24). What Closelooknet said most recently: Friday's closes from the Closelook data lake: Table as text Name Friday close Friday Strategy (MSTR) 153.92 +16.4% Marathon (MARA) 13.24 +13.8% Coinbase (COIN) 194.25 +11.7% Robinhood (HOOD) 119.82 +9.1% Riot (RIOT) 23.75 +8.6% Hut 8… (Daily Pulse, 2026-09-21). The "Mentioned on Closelooknet" block on this page lists the long reads, the reference entries and the dailies that name it.

What does Marathon Digital Holdings Inc do?

MARA Holdings mines Bitcoin and repurposes surplus power capacity to run computing hardware for artificial-intelligence inference workloads. It operates energy and digital-infrastructure sites across North America, the Middle East, Europe and Latin America, and is based in Hallandale Beach, Florida. The company was previously named Marathon Digital Holdings before it broadened beyond mining alone. The diary groups it in that crypto ladder with MSTR, a bitcoin treasury holder, COIN, an exchange, and HOOD, a broker, alongside the bitcoin trackers IBIT and BITW; the market also names Riot Platforms as a comparable miner. (Company snapshot of 2026-09-17.)

Where does Marathon Digital Holdings Inc sit in the AI build-out?

MARA holds no seat in our index. It belongs to the crypto ladder, the sleeve of digital-asset-linked equities the diary tracks alongside gold and materials, where it represents the mining side that turns spare power into coin output. MARA has been quoted once, in a Daily Pulse piece comparing crypto-linked names across a weekly and monthly window. It carries no index seat and no Closelooknet score has yet been built for it. (Company snapshot of 2026-09-17.)

What has Wall Street done on Marathon Digital Holdings Inc recently?

The most recent analyst action on Marathon Digital Holdings Inc on the Closelooknet wire is a price target by Piper Sandler on 2026-10-20 (target 11 from 13). 1 action on the analyst wire since 2026-08-13: 1 target change. Analyst actions are third-party opinions recorded by the wire, not Closelooknet readings. The “The Street on this name” block on this page lists the moves; the full feeds are the analyst wire and the earnings wire.

What does this page show?

A live price chart with SMA overlays and drawing tools for MARA, performance metrics, index-membership context and the Closelooknet structure read — an investment research diary view, not investment advice.

How to use this chart

Toolbar

  • Range — 1M to MAX on daily closes. 1D/5D switch a US stock cell to 5-minute intraday bars; index and foreign cells fall back to 1M daily with a note.
  • Grid — 1×1 up to 2×2. Cells are synchronized: pan or zoom one and the others follow the same dates; the crosshair tracks across all of them. 4 INDICES loads Rubin · HALO · AEI · AW40 side by side.
  • Type / Scale — OHLC, line or area; linear or log price axis.

Picking a series

  • Tap the box in a cell's header to browse every Closelooknet series — headline indices, sub-indices, sectors, layers of all six families — plus the constituents.
  • Or type any ticker (NVDA, 7203.T, ASML.AS …) and press Enter — it charts in the cell straight from our data lake.

Studies

  • Overlays / Oscillators rows toggle the standard set (SMA, Bollinger, RSI, MACD …) per cell.
  • Levels (stock cells) draws the structure engine's support lines — regression bands, pivot cluster, SMA-200, the active fib zone.

Drawing

  • Tap a tool (Trend, Ray, H-Line, Fib, Channel, Rect, Note), then tap the chart once per point — the shape follows your finger or cursor between taps. The chart stops panning while a tool is armed; tap the tool again to release.
  • Drawings save per symbol in this browser and travel between the terminal and the asset page.
  • Delete key removes the selected drawing · Escape cancels a half-placed one · Clear wipes the symbol.

Wave counts

  • Wave places an Elliott count: tap the origin, then each wave end. Press Enter to stop early (inside wave 3 is fine) — dotted ghost targets sketch the remaining waves at guideline ratios.
  • On stocks the scanner's machine count appears automatically in grey — it is fully editable: drag any point, double-tap a label to remove it, Delete to dismiss it for good, Adopt to bring the machine's proposal back.
  • The sequence picker switches 1-5 / A-B-C / A-E / W-X-Y-Z; 1 2 3 cycles the degree; Subdiv starts a one-degree-smaller child count inside a wave.

Sharing

  • Card exports the cell as a branded PNG — chart, drawings and levels exactly as shown.

Related in the Closelooknet universe

then Capital Markets. Scored names rank on their Closelooknet score; names without one rank on trend state — above or below their 50- and 200-day averages — never on a score they do not carry.