MARA Holdings, Inc. Reports BTC Yield of 12.3% for Quarter, 47.6% Year-to-Date

MARA Holdings, Inc. (NASDAQ: MARA) disclosed in a recent 8-K filing that its BTC Yield, a key performance indicator (KPI) representing the percentage change period-to-period of the ratio between the company’s bitcoin holdings and Assumed Fully Diluted Shares Outstanding, recorded 12.3% for the quarter from October 1, 2024, to December 9, 2024, and 47.6% year-to-date from January 1, 2024, to December 9, 2024.

The company’s BTC Yield is used to assess the performance of its bitcoin acquisition and HODL (Hold On for Dear Life) strategy related to equity capital and provides insights into the shareholder value created by these activities. This metric aids in understanding how the company funds bitcoin purchases by issuing additional shares convertible to common stock.

BTC Yield figures were supported by total bitcoin holdings that saw an increase from 15,174 at the end of 2023 to 40,435 on December 9, 2024. Concomitantly, Assumed Fully Diluted Shares Outstanding rose from 254,888 at the end of 2023 to 460,260 on December 9, 2024.

It is important to note that this KPI is not an operational performance indicator or financial measure. The company emphasizes that the BTC Yield is narrow in scope and does not fully reflect market dynamics impacting stock pricing. Furthermore, the company clarified in the filing that the BTC Yield does not represent a historical or future investment return figure for shareholders.

Moreover, in calculating the BTC Yield, MARA Holdings clarifies that the metrics do not consider the source of capital used for bitcoin acquisitions, raising the potential for fluctuations in the metric based on different financing methods and outcomes.

The company urges investors to exercise caution while interpreting the BTC Yield metric, emphasizing that it should complement financial statements and SEC disclosures, not replace them.

The information outlined in the 8-K filing is furnished material and does not constitute a filing under the Securities Exchange Act of 1934 or the Securities Act of 1933. The company commits to disseminating pertinent data through various channels to ensure broad and inclusive disclosure practices.

The report, signed by Zabi Nowaid, General Counsel, and Corporate Secretary of MARA Holdings, Inc., provides a comprehensive overview of the company’s BTC Yield performance, highlighting key aspects of its bitcoin acquisition strategy and equity financing activities.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read MARA’s 8K filing here.

MARA Company Profile

MARA Holdings, Inc operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Digital Holdings, Inc and changed its name to MARA Holdings, Inc in August 2024. MARA Holdings, Inc was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.