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MARA — MARA Holdings
_Last updated 2026-11-06 11:00 ET from report. Screening/research, not investment advice._
Business
Digital energy / infrastructure enterprise: acquires, develops, and operates powered assets (issuer cites ~1.9 GW energized capacity path toward ~4.8 GW); Bitcoin mining as operating foundation while developing AI/HPC/cloud compute paths (MARA IR about, Nov 2, 2026 schedule PR).
Catalysts, guidance & news
- Q3 2026 results discussion: Mon 2026-11-09 5:00 p.m. ET webcast/call; shareholder letter published on IR prior to the call (MARA IR, Nov 2, 2026) [V-P]. TRAI labels timing AMC; exact wire clock beyond letter-before-call [UNV].
- Thu 2026-11-05 TRAI close 5.88 (−14.41%) — large pre-print bar vs hist avg \|gap\| ~6.1% (feeds S-138/S-142 size-modifier logic, not sign prediction).
- Fri 2026-11-06 ~11:18 ET Yahoo: ~flat vs Thu close.
TRAI data (latest premarket run 2026-11-06 8:58 AM ET; daily stats = 2026-11-05)
- Sector (TRAI): Crypto/High-beta. Thu close 5.88 (−14.41%), relVol 1.16, ATR 10.42%, beta60 2.83, residualZ −0.38, indicatedGap +5.51%, signals: none (TRAI /api/latest).
- Next: 2026-11-09 AMC, gapRisk elevated, tradingDaysUntil 1, sessionsToReaction 2, isEstimate false (TRAI /api/events asOf 2026-11-06).
- Typical earnings reaction (last 4): avg \|gap\| 6.13% (0.76 ATR), med 3.59%, max 14.56%, fill 0%, continuation 50%, avg day-1 in gap dir −1.03%.
- Correlations: cluster 8 COIN/HOOD/MARA/MSTR/RIOT avgRho 0.715; ρ RIOT 0.79, MSTR 0.77, COIN 0.71, HOOD 0.65 (TRAI /api/correlations asOf 2026-11-05).
Sector note
- No dedicated crypto sector file; crypto-adjacent updates live under financials (HOOD/COIN/MSTR context) plus this company note.