Marathon Digital Holdings is a holding company. Through its subsidiaries, Co. is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. Co. owns cryptocurrency mining machines and has a data center in Canada to mine digital assets. Co. operates its own bitcoin mining pool, MaraPool. The pool functions as a differentiator for Co., as it provides Co. with insight into the performance of its mining operations, the potential to further optimize Co.'s performance, and the ability to vote on proposed upgrades and changes to the Bitcoin network. We show 27 historical shares outstanding datapoints in our MARA shares outstanding history coverage, used to compute MARA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MARA market cap history over the course of time is important for investors
interested in comparing MARA's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MARA versus a peer is one thing; comparing
MARA market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MARA can fluctuate over the course of history.
With this page we aim to empower investors researching MARA by allowing them to research the MARA market cap history. |
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Video: The Importance of Market Cap
