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Marathon Digital Holdings Inc (MARA) — chart, structure and Closelook read

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Company snapshot — Marathon Digital Holdings Inc

MARA in five paragraphs: what it makes and sells, where it sits in the Closelook stack, who it is priced against, why we track it, what we watch. Research diary, not advice.

What it does
MARA Holdings mines Bitcoin and repurposes surplus power capacity to run computing hardware for artificial-intelligence inference workloads. It operates energy and digital-infrastructure sites across North America, the Middle East, Europe and Latin America, and is based in Hallandale Beach, Florida. The company was previously named Marathon Digital Holdings before it broadened beyond mining alone.
Where it sits in the stack
MARA holds no seat in our index. It belongs to the crypto ladder, the sleeve of digital-asset-linked equities the diary tracks alongside gold and materials, where it represents the mining side that turns spare power into coin output.
Who it is priced against
The diary groups it in that crypto ladder with MSTR, a bitcoin treasury holder, COIN, an exchange, and HOOD, a broker, alongside the bitcoin trackers IBIT and BITW; the market also names Riot Platforms as a comparable miner.
Why Closelook tracks it
MARA has been quoted once, in a Daily Pulse piece comparing crypto-linked names across a weekly and monthly window. It carries no index seat and no Closelook score has yet been built for it.
What the diary watches
Whether power costs and bitcoin's own price swings move faster than the AI-compute side of its business, which would change how the mining and inference lines read together.

Marathon Digital Holdings Inc (MARA) trades on US exchanges.

Written from the company’s public profile and Closelook’s own readings, 2026-09-17. Descriptive, refreshed with the registry; corrections welcome via the imprint. closelook.net is an investment research diary — market structure, index membership and scores are our own readings, not investment advice. Related: index compare · sector dispersion · scanner.

Signals for this name

Every Closelook reading that exists for MARA, from the same nightly bakes the boards use. Research diary readings, not advice.

Who it is priced against Capital Markets · US · 8 names with week and year-to-date

Peer group

Capital Markets · US

This name carries no Closelook score, so its cohort ranks on trend state — distance to the 50- and 200-day averages — never on a score it does not have.

Compared against MARA on the nightly bakes; the Peers tab ranks the cohort on the Closelook scores where it exists.

Weather around the name 3 macro readings: Money Temperature, Factor regime, Sovereign pressure

The weather around this name

Macro readings that apply by membership — the regime, the factor tape, the sector cell, the funding backdrop.

  • Money Temperature Composite 55/100 · S&P 500 fund at 58, above its 50- and 200-day averagesEight instruments scored on position, momentum, volume, volatility and fragility — the regime every name trades inside. Temperature lab → 2026-09-17
  • Factor regime Momentum leading — risk appetite buildingMomentum against low volatility (SPMO / SPLV): above its 50-day trend, 94th percentile of the window, +2.7% over 20 sessions. Factor regime → 2026-09-17
  • Sovereign pressure Index 0.00 · down 0.41 over 21 sessionsG7 long-end yields, 10s30s and the slope — the funding weather for every balance sheet on this site. Sovereign pressure → 2026-09-17

FAQ · from the current data · as of 2026-09-18

Quick answers

What is Marathon Digital Holdings Inc (MARA)?

Marathon Digital Holdings Inc trades as MARA on the US exchange (US) in the Closelook research universe, as of the registry build of 2026-09-18.

Is MARA in a Closelook index?

Not currently — Marathon Digital Holdings Inc is tracked in the Closelook research universe but is not a constituent of a Closelook functional index as of 2026-09-18.

Where does MARA trade against its moving averages?

Bullish stack, 200-day still turning: Trades +4% vs the 50-day and +6.4% vs the 200-day average, 50.4% below the 52-week high and +74.8% off the 52-week low; a golden cross printed 63 sessions ago. Computed from daily closes. As of 2026-09-17 — a technical state from the nightly Closelook bake, not advice. The Technical tab carries the full row.

What does Marathon Digital Holdings Inc do?

MARA Holdings mines Bitcoin and repurposes surplus power capacity to run computing hardware for artificial-intelligence inference workloads. It operates energy and digital-infrastructure sites across North America, the Middle East, Europe and Latin America, and is based in Hallandale Beach, Florida. The company was previously named Marathon Digital Holdings before it broadened beyond mining alone. The diary groups it in that crypto ladder with MSTR, a bitcoin treasury holder, COIN, an exchange, and HOOD, a broker, alongside the bitcoin trackers IBIT and BITW; the market also names Riot Platforms as a comparable miner.

Where does Marathon Digital Holdings Inc sit in the AI build-out?

MARA holds no seat in our index. It belongs to the crypto ladder, the sleeve of digital-asset-linked equities the diary tracks alongside gold and materials, where it represents the mining side that turns spare power into coin output. MARA has been quoted once, in a Daily Pulse piece comparing crypto-linked names across a weekly and monthly window. It carries no index seat and no Closelook score has yet been built for it.

Where has Closelook written about Marathon Digital Holdings Inc?

Marathon Digital Holdings Inc appears in 1 Closelook piece, most recently Daily Pulse: Three Ladders: Gold, Crypto, Materials (2026-08-24). What Closelook said most recently: The crypto ladder — fresh, and only half confirmed IBIT (spot bitcoin) 1w +22.6% · 1m +19.2% BITW (top-10 basket) 1w +23.9% MSTR (treasury holder) 1w +28.2% · 3m −27.7% COIN (exchange) 1w +25.6% · 3m −3.7% · HOOD (broker) 1w +13.2% · 3m… (Daily Pulse, 2026-08-24). The "Mentioned on Closelook" block on this page lists the long reads, the reference entries and the dailies that name it.

What does this page show?

A live price chart with SMA overlays and drawing tools for MARA, performance metrics, index-membership context and the Closelook structure read — an investment research diary view, not investment advice.

Mentioned on Closelook 1 piece · newest: Daily Pulse, “Three Ladders: Gold, Crypto, Materials” (2026-08-24)

Mentioned on Closelook

Where MARA appears in the diary — 1 piece, newest first. Every link is our own writing.

Dailies

  • Three Ladders: Gold, Crypto, MaterialsDaily Pulse · 24 Aug 2026The crypto ladder — fresh, and only half confirmed IBIT (spot bitcoin) 1w +22.6% · 1m +19.2% BITW (top-10 basket) 1w +23.9% MSTR (treasury holder) 1w +28.2% · 3m −27.7% COIN (exchange) 1w +25.6% · 3m −3.7% · HOOD (broker) 1w +13.2% · 3m…

Related in the Closelook universe

then Capital Markets. Scored names rank on their Closelook score; names without one rank on trend state — above or below their 50- and 200-day averages — never on a score they do not carry.