| Annual · values | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -802.73 M USD | -677.02 M USD | -315.65 M USD | -176.48 M USD | -18.22 M USD | -7.77 M USD | -3.32 M USD | -8.24 M USD | -1.07 M USD | 10.17 M USD | -2.96 M USD | 4.46 M USD |
| Depreciation & Amortization | 772.77 M USD | 403.71 M USD | 179.51 M USD | 78.71 M USD | 14.90 M USD | 3.06 M USD | 923304 USD | 2.00 M USD | 26106 USD | 4262 USD | 10.83 M USD | 5.53 M USD |
| Stock-Based Compensation | 172.29 M USD | 157.64 M USD | 32.64 M USD | 24.59 M USD | 160.79 M USD | 1.18 M USD | 933682 USD | 1.43 M USD | 1.98 M USD | 1.82 M USD | 2.49 M USD | 1.75 M USD |
| Capital Expenditures | 407.07 M USD | 250.82 M USD | 27.61 M USD | 41.11 M USD | 273.85 M USD | 17.74 M USD | 5225 USD | 5.25 M USD | 7788 USD | 8388 USD | 58386 USD | 52963 USD |
| Cash Flow from Investing | -669.92 M USD | -3.23 B USD | 4.59 M USD | -390.23 M USD | -891.92 M USD | -81.29 M USD | 1.21 M USD | -4.16 M USD | -7788 USD | -3.69 M USD | -58386 USD | -7.87 M USD |
| Cash Flow from Financing | 1.63 B USD | 3.95 B USD | 555.86 M USD | 410.65 M USD | 1.04 B USD | 229.69 M USD | 245494 USD | — | 20.45 M USD | -4.01 M USD | 508838 USD | 4.89 M USD |
| Dividends Paid | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock Buybacks | 46.92 M USD | 34.86 M USD | 0 USD | 0 USD | 0 USD | — | — | — | — | — | — | — |
| Free Cash Flow | -1.21 B USD | -927.85 M USD | -343.26 M USD | -217.59 M USD | -292.07 M USD | -25.52 M USD | -3.32 M USD | -13.49 M USD | -1.08 M USD | 10.16 M USD | -3.02 M USD | 4.40 M USD |
MARA Holdings Inc. is a digital asset technology company focused on the Bitcoin ecosystem and energy infrastructure. It engages in mining cryptocurrencies, primarily Bitcoin, by owning and operating specialized mining facilities and data centers. The company sells proprietary software and technology to third parties in the Bitcoin space, provides advisory and consulting services for Bitcoin mining ventures across domestic and international markets, and generates electricity from renewable energy resources or methane gas capture to power its operations. MARA Holdings Inc. leverages Bitcoin mining and artificial intelligence compute to monetize excess or underutilized energy, optimize power management, and support AI inference applications. Operating in North America, the Middle East, Europe, and Latin America, it secures blockchain ledgers, converts clean or stranded energy into economic value, and offers solutions like next-generation liquid immersion cooling and firmware for bitcoin miners. It also focuses on acquiring and holding digital assets as long-term investments. Founded in 2010 and headquartered in Hallandale Beach, Florida, MARA Holdings Inc. plays a key role at the intersection of energy, compute, and digital capital markets.