Marathon Digital Holdings

Fort Lauderdale, United States Founded: 1997 • Age: 29 yrs
Data centers for digital assets and energy solutions are operated.
Annual revenue $656.4M Latest available
Total funding - 2 rounds
Employees 152 Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Marathon Digital Holdings

Marathon Digital Holdings is a company based in Fort Lauderdale (United States) founded in 1997. The company has 152 employees as of December 31, 2024. Marathon Digital Holdings has completed 2 acquisitions, including Long Ridge Energy Terminal and Nimbuzz. Marathon Digital Holdings offers products and services including MARA SLIPSTREAM, MARAFW, and 2PIC by MARA. Marathon Digital Holdings operates in a competitive market with competitors including BITMAIN, Helium, Bitfury, Argo Blockchain and Spondoolies Tech, among others.

  • Headquarter Fort Lauderdale, United States
  • Employees 152 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mara Holdings, Inc.
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $656.38 M (USD)
    69.38
    as on Dec 31, 2024
  • Net Profit
    $541.25 M (USD)
    107.24
    as on Dec 31, 2024
  • EBITDA
    -$40.97 M (USD)
    -159.43
    as on Dec 31, 2024
  • Latest Funding Round
    $950 M (USD), Post-IPO

    Jul 29, 2025

  • Investors
    Not available
  • Employee Count
    152

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Marathon Digital Holdings

Marathon Digital Holdings is a publicly listed company on the NASDAQ with ticker symbol MARA in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: MARA · Sector: Technology services · USA

Products & Services of Marathon Digital Holdings

Marathon Digital Holdings offers a comprehensive portfolio of products and services, including MARA SLIPSTREAM, MARAFW, and 2PIC by MARA.

Product name locked
Category locked
Primary

Optimizes energy use in digital asset compute operations

Product name locked
Category locked
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Enhances Bitcoin mining efficiency and performance

Product name locked
Category locked
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Provides efficient cooling for data centers under extreme conditions

People of Marathon Digital Holdings

Headcount 1-10
Employee Profiles 61
Board Members and Advisors 6
Employee Profiles
People
Manoj Narender Madnani
MD of EMEA
People
Kevin Rash
Operations, Onsite Power
People
Ashu Swami
CTO
People
Fred Thiel
Chairman & Chief Executive Officer

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Board Members and Advisors
people
Jay Leupp
Director
people
Vicki Mealer-Burke
Director

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Funding Insights of Marathon Digital Holdings

Investments & Acquisitions by Marathon Digital Holdings

Marathon Digital Holdings has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Long Ridge Energy Terminal and Nimbuzz.

Investments
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Investment portfolio details for Marathon Digital Holdings

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Independent energy storage terminal operations are conducted in the US.
Locked Locked 2017 Locked
Cross-platform instant messaging and mobile calling services are offered.
Locked Locked 2006 Locked
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Complete acquisition details for Marathon Digital Holdings

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Financial Statements - Marathon Digital Holdings

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Detailed financials for Marathon Digital Holdings

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Marathon Digital Holdings Comparisons

Marathon Digital Holdings Primary company
Description
Data centers for digital assets and energy solutions are ope...
Location
Fort Lauderdale, United States
Founded Year
1997
Annual Revenue
$656.38 M (USD)
Net Profit
$541.25 M (USD)
EBITDA
-$40.97 M (USD)
Employees
152
As of 2024
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Peer comparison for Marathon Digital Holdings

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  • Headcount comparison
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Competitors of Marathon Digital Holdings

Marathon Digital Holdings operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BITMAIN, Helium, Bitfury, Argo Blockchain and Spondoolies Tech, among others.

Company Name Domain Founded year HQ Location Description
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Hardware solutions for cryptocurrency mining are developed.
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Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways.
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Cryptocurrency mining solutions are provided through AI and blockchain platforms.
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Sustainable Bitcoin mining and blockchain development solutions are provided.
Locked Locked Locked
Bitcoin mining hardware and cloud contracts are provided for users.
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Detailed competitors of Marathon Digital Holdings

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Latest news on Marathon Digital Holdings

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Complete news archive for Marathon Digital Holdings

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Frequently Asked Questions about Marathon Digital Holdings

Marathon Digital Holdings was founded in 1997 and raised its 1st funding round 27 years after it was founded.

Marathon Digital Holdings is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.

Fred Thiel is the current CEO of Marathon Digital Holdings.

As of Dec 31, 2024, the latest employee count at Marathon Digital Holdings is 152.

Annual revenue of Marathon Digital Holdings is $656.38M as on Dec 31, 2024.

Operator of data centers focused on digital asset and energy solutions. The company provides solutions to the energy sector by converting underutilized energy into economic value. It offers technology solutions to optimize data center operations. The companys computing business monetizes excess power generation by deploying flexible, grid-connected data centers. It transforms unconventional energy sources into usable electricity to power modular data centers.

Marathon Digital Holdings's top competitors include BITMAIN, Helium and Argo Blockchain.

Marathon Digital Holdings offers MARA SLIPSTREAM, MARAFW, and 2PIC by MARA.

Yes, Marathon Digital Holdings is publicly traded on NASDAQ under the ticker symbol MARA.

Marathon Digital Holdings has made 2 acquisitions, including Long Ridge Energy Terminal, and Nimbuzz.

The ticker symbol of Marathon Digital Holdings is MARA on NASDAQ.

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