MARA
MARAMarket valuation vs the Bitcoin it holds
1.67×
live
Premium
a 67% premium to Bitcoin NAV
MARA trades at 1.67× its Bitcoin NAV — you pay $1.67 for every $1 of Bitcoin it holds, a 2.96B USD pile.
Live · last updated
BTC held
35,577 BTC
Bitcoin treasury
Bitcoin NAV
2.96B USD
at today's BTC price
Market cap
4.94B USD
Fully diluted
Share price
10.4 USD
USD
Last BTC buy
274 BTC
Jun 30, 2026
mNAV over time
Last 12 months · diluted
Today's 1.67× sits in a 52-week range of 0.72× to 2.64×.
mNAV · 52-week range
0.72×–2.64×
0.72×now 1.67×2.64×
About MARA
MARA (MARA) owns 35,577 BTC. At today's price that Bitcoin is worth 2.96B USD. The market caps the whole company at 4.94B USD — 1.67× its Bitcoin. Put plainly: you pay $1.67 for every $1 of Bitcoin it holds, a 67% premium for everything that isn't the Bitcoin. It bought in at an average of 71.7K USD per coin.
Company facts
- Country
- USAsource
- Headquarters
- Hallandale Beach, Floridasource
- Incorporated
- Nevadasource
- Listing
- Nasdaq Capital Market: MARAsource
- Business
- Energy and digital infrastructure (bitcoin mining, AI/HPC)source
- Fiscal year end
- December 31source
- Auditor
- PricewaterhouseCoopers LLP (Baltimore, Maryland)source
- Website
- mara.com ↗source
Each fact links to the filing or official page it was taken from.
MARA (MARA) mNAV — frequently asked
- What is MARA (MARA)'s mNAV?
- MARA's mNAV is currently 1.67×. mNAV divides MARA's market capitalisation by the value of the Bitcoin it holds, so 1.67× means the market values the company at 1.67× the worth of its Bitcoin treasury (2.96B USD).
- Is MARA (MARA) overvalued versus its Bitcoin?
- At 1.67×, MARA (MARA) trades at a 67% premium to the Bitcoin it holds. Whether that is rich or cheap is best read against its own history: over the past year its mNAV has ranged 0.72×–2.64×.
- How much Bitcoin does MARA (MARA) hold?
- MARA holds 35,577 BTC, worth 2.96B USD at current prices. Its most recent purchase was 274 BTC on Jun 30, 2026.
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