βΏ1 = $69,263.45β² 3.39%
MARA Holdings Inc.
MARAπΊπΈMiner
$9.45β² 5.70%
As of March 2, 2026 at 22:13 UTCMarket Closed
Mara is one of the world's largest Bitcoin miners with operations spanning four continents. The company accumulates BTC through both mining and open-market purchases funded by equity and convertible debt.
BTC Reserve
53,822 BTC
Fiat Reserve
826.39M USD
Total Reserve
4.55B USD
Shares outstanding
378.18M
Total outstanding
3.30B USD
Market cap
3.57B USD
mNAV
0.96xβ² 2.24%
Amplification
72.4%
Leverage
72.4%
Avg-weighted maturity
2031-05-10
In-the-money
-64.6%
Dilution if full conversion
35.0%
BTC Holdings
BTC Holdings
Maturity Profile
Convertibles
BTC Price & Analytics
Convertibles(5)
Convertibles(5)
MARA-Dec26
2021-11-15 β 2026-12-01
MARA-Sep31
2024-08-14 β 2031-09-01
MARA-Mar30
2024-11-21 β 2030-03-01
MARA-Jun31
2024-12-04 β 2031-06-01
MARA-Aug32
2025-07-28 β 2032-08-01
Total conv. outstanding
3.30B USD
| Label | Issue | Maturity | Coupon | Principal | Outstanding | Conv. price | |
|---|---|---|---|---|---|---|---|
| MARA-Dec26 | 2021-11-15 | 2026-12-01 | 1% | 747.50M USD | 48.08M USD | 76.17 USD | |
| MARA-Sep31 | 2024-08-14 | 2031-09-01 | 2.125% | 300.00M USD | 300.00M USD | 18.89 USD | |
| MARA-Mar30 | 2024-11-21 | 2030-03-01 | 0% | 1.00B USD | 1.00B USD | 25.91 USD | |
| MARA-Jun31 | 2024-12-04 | 2031-06-01 | 0% | 925.00M USD | 925.00M USD | 34.58 USD | |
| MARA-Aug32 | 2025-07-28 | 2032-08-01 | 0% | 1.02B USD | 1.02B USD | 20.26 USD | |
| 3.30B USD | |||||||
Preferred instruments(0)
Preferred instruments(0)
No active Preferreds.
Other debt(0)
Other debt(0)
No active other debt.