Logotype for MARA Holdings Inc

MARA Holdings (MARA) investor relations material

MARA Holdings H.C. Wainwright 27th Annual Global Investment Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for MARA Holdings Inc
H.C. Wainwright 27th Annual Global Investment Conference summary9 Sep, 2025

Key themes and industry evolution

  • Panelists highlighted the rapid evolution from Bitcoin mining to diversified data center operations, with a strong focus on high-performance computing (HPC) and AI workloads as future growth drivers.

  • Companies are leveraging their expertise in energy management, site origination, and rapid deployment to secure competitive advantages in both traditional and emerging compute markets.

  • Strategic investments in renewable energy, edge computing, and partnerships with global utility and AI firms are shaping new business models and revenue streams.

  • Many firms are transitioning from asset-light to asset-heavy models, acquiring and developing large-scale power and data center assets to support both Bitcoin mining and AI infrastructure.

  • The ability to rapidly retrofit or develop data centers, often repurposing industrial sites, is seen as a key differentiator for speed to market and cost efficiency.

Competitive advantages and investor perspectives

  • Teams with deep experience in power origination, data center construction, and digital asset management are viewed as the most valuable assets, driving innovation and execution.

  • Companies emphasize capital discipline, operational excellence, and the ability to monetize power assets flexibly between Bitcoin mining and AI/HPC workloads.

  • Investor interest is shifting toward firms with scalable infrastructure, strong balance sheets, and the capacity to originate and commercialize new sites efficiently.

  • Some firms are spinning out or restructuring business units to align capital structures with distinct risk profiles, such as separating Bitcoin accumulation from infrastructure operations.

  • The ability to provide grid flexibility and act as a shock absorber for utilities is increasingly valued, especially in regions with surplus or stranded power.

Five-year outlook and industry trends

  • AI and HPC are expected to dominate demand, with modular and edge computing models gaining traction alongside traditional hyperscale data centers.

  • The scale of data center campuses is increasing, with multi-hundred megawatt and gigawatt sites becoming the norm, and new entrants challenging traditional operators.

  • Curtailability and flexible load management will be critical, with Bitcoin mining and AI workloads increasingly paired to optimize power usage and grid stability.

  • National security and regulatory considerations are rising, particularly regarding foreign ownership and the strategic importance of domestic blockchain infrastructure.

  • Companies anticipate further specialization, with each finding its niche as the market matures and demand cycles evolve.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next MARA Holdings earnings date

Logotype for MARA Holdings Inc
Q3 202511 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next MARA Holdings earnings date

Logotype for MARA Holdings Inc
Q3 202511 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Marathon Digital Holdings Inc. is a digital asset technology company focused on cryptocurrency mining, specifically Bitcoin. The company operates a large-scale mining operation that uses advanced hardware to validate blockchain transactions and generate new Bitcoin. Marathon Digital aims to enhance the efficiency of its mining operations by leveraging low-cost energy sources and scalable infrastructure. The company is headquartered in Las Vegas, Nevada, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage