MARA MARA Holdings, Inc.

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Core business model: Energy and digital infrastructure company leveraging Bitcoin mining to optimize power use and develop AI inference and HPC capabilities
• • New emphasis: Acquisition of majority interest in Exaion SaS and joint venture with Starwood to develop AI and HPC infrastructure on power-rich sites
• • Strategic shift: Transition to asset-heavy model with ~70% owned portfolio capacity, enhancing control and margin durability versus prior asset-light approach
• • Quantitative highlight: 20% growth in total bitcoin holdings to 53,822 with $4.7 billion valuation and operating 490,000 mining rigs with 66.4 EH/s hashrate
• • Noteworthy fact: Acquisition of 240 MW wind farm in Texas for low-cost behind-the-meter data center and letter of intent with MPLX for expanded natural gas access

Risk Factors

• • Legal risk: Goodwill impairment $82.8M due to ASC 350 triggered by sustained market capitalization decline and market conditions in 2025
• • Macroeconomic risk: Bitcoin price dropped to $87,498 at 2025 year-end from $93,354 in 2024, causing $422.2M loss in bitcoin asset value
• • Operational risk: $26.0M impairment from storm-damaged mining equipment at Garden City site in 2025
• • Competitive risk: Increased global network hashrate and difficulty post-April 2024 halving reduced bitcoin mined by 7% YoY to 8,799 BTC in 2025
• • Financial risk: $350M borrowings collateralized by 5,938 bitcoin with 8.85%-10.5% interest rates, exposing balance sheet to bitcoin price volatility

Management Discussion & Analysis

• • Revenue and bitcoin monetization strategy: began selling bitcoin in H2 2025 to fund operations; plan to continue opportunistic monetization in 2026 for liquidity and capital projects
• • Operational scale: total energized hashrate 66.4 EH/s across 1,861 MW capacity including 779 MW owned sites; Granbury TX lead site with 12.3 EH/s energized hashrate
• • Segment performance: Granbury TX best performing with 12.3 EH/s; international sites 2.3 EH/s; hosted sites provide 29.2 EH/s at 537 MW capacity
• • Capital allocation: expanded by acquiring Exaion (France) and 42 MW data center in Nebraska post-year-end; no specific buybacks/dividends or capex amounts disclosed
• • Outlook and risks: continuing diversification into AI and HPC markets leveraging energy ownership; regulatory uncertainty around Bitcoin mining and AI expansion highlighted as key risks

What are the latest MARA SEC filings in 2026?

MARA Holdings, Inc. (MARA) has filed a 10-K annual report on March 2, 2026, a 10-Q quarterly report on May 11, 2026, an 8-K current report on August 6, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did MARA file its most recent 10-K annual report?

MARA Holdings, Inc. (MARA) filed its most recent 10-K annual report on March 2, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view MARA 10-Q quarterly reports?

MARA Holdings, Inc. (MARA)'s most recent 10-Q quarterly report was filed on May 11, 2026. SignalX displays every MARA 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has MARA filed recently?

MARA Holdings, Inc. (MARA)'s most recent 8-K was filed on August 6, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find MARA insider trading activity (Form 4)?

SignalX aggregates every MARA Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does MARA file with the SEC?

MARA Holdings, Inc. (MARA) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new MARA filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for MARA Holdings, Inc. (MARA).

What is MARA's SEC CIK number?

MARA Holdings, Inc. (MARA)'s SEC CIK (Central Index Key) number is 1507605. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1507605 to look up all MARA filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find MARA return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from MARA Holdings, Inc. (MARA) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.