Mara Holdings CEO Frederick Thiel sells $253,321 in common stock

On August 17, 2026, Frederick G. Thiel, CEO of MARA Holdings, Inc., transferred 27,505 shares of the company's common stock, resulting in a sale value of $253,321. The shares were sold at a price of $9.21 per share, under a pre-established Rule 10b5-1 trading plan adopted on May 28, 2025. As of the current market price of $11.87, the shares have appreciated by approximately 33% over the past six months.

Following the sale, Mr. Thiel now directly owns 4,335,697 shares of MARA Holdings common stock. According to InvestingPro analysis, MARA is trading near its Fair Value of $11.80, despite the company's financial health challenges, which are reflected in its WEAK overall score. MARA Digital Holdings also reported weak financial results in its second-quarter 2026 earnings, reporting a net loss of $611.3 million, down from a net income of $808.2 million in the same quarter last year.

The company's revenue of $174.9 million fell short of analysts' expectations of $208.37 million, leading to a loss of $1.60 per share, compared to the expected profit of $0.35 per share. Analysts have attributed this earnings miss to revenue declines and the impact of Bitcoin price fluctuations. Despite Marathon's expansion into AI infrastructure and digital power assets, they have not yet secured a tenant lease for their projects, with necessary approvals still pending from FERC and ERCOT.