MARA Holdings, Inc.
MARACompany Introduction
MARA Holdings (NASDAQ: MARA) is a leading Bitcoin mining company that focuses on securing and supporting the Bitcoin ecosystem. With a vertically integrated technology stack and a diverse portfolio of mining operations, MARA is committed to converting electricity into economic value using the most efficient hardware available. The company has significantly expanded its operations, achieving a hash rate of 31.8 EH/s as of July 2024, with plans to reach 50 EH/s by the end of 2025. MARA is also a pioneer in sustainable Bitcoin mining, achieving 100% carbon neutrality in 2023 and sourcing 55% of its energy from sustainable sources. With a strong emphasis on innovation, MARA has developed proprietary technologies to enhance mining performance and reduce costs. The company also holds a substantial Bitcoin treasury of 25,000 BTC, positioning it as one of the largest and most liquid Bitcoin miners in the industry.
Stock exchange
NASDAQ
IPO Date
2012-05-04
Number of employees
171
Headquarters
Las Vegas, Nevada, United States
Key Executives
Mr. John B. Ellis
Chief Accounting Officer
Mr. Ashu Swami
Chief Technology Officer
Mr. James G. Crawford
Chief Operating Officer
Mr. William Beam
Vice President of Finance & Operations Control
Mr. Frederick G. Thiel
Chief Executive Officer & Executive Chairman
Mr. Narenderkumar Dharamveer Manoj Madnani
Managing Director of EMEA Expansion
Mr. Adam Swick
Chief Growth Officer
Mr. Salman H. Khan
Chief Financial Officer
Mr. Simeon Salzman
Executive Officer
Mr. Charlie Schumacher
Director of Corporate Communications
Mr. Zabi Nowaid
General Counsel & Company Secretary
Mr. Robert Samuels
Vice President of Investor Relations