Summary: Marathon Digital Holdings, a leading cryptocurrency mining company, offers investors the opportunity to capitalize on the growing hype surrounding digital currencies. In this guide, we’ll teach you how to buy MARA stock on online investment platforms such as eToro.
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About Marathon Digital Holdings
Marathon Digital Holdings (NASDAQ: MARA), or Mara for short, is a prominent cryptocurrency mining company headquartered in Las Vegas, Nevada. Mara primarily focuses on mining Bitcoin (BTC) and other digital assets, positioning itself as a key player in the blockchain technology space.
How to Buy MARA Stock: Step-by-Step
Marathon Digital went public in 2011 and trades under the ticker symbol MARA on the NASDAQ.
To invest in Marathon Digital, follow these steps:
- Find a broker: Choose a brokerage platform that lists MARA shares;
- Register and fund your account;
- Place a trade: Locate the stock on the broker’s platform and execute a trade;
- Monitor your investment.
Step 1: Find a broker
To start investing, you must look around for a regulated brokerage that lists MARA stock.
Our recommended brokerage for crypto stocks is eToro, a leading stock trading platform with millions of users and trading features such as:
- Commission-free stock and ETF trading;
- Over 2,000 stocks from 17 different exchanges;
- Fractional shares;
- Charting tools;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
Step 2: Fund your account
Next, you can register and fund your trading account. Registering is usually simple: just follow the instructions provided by the broker and go through their ID verification process. Funding your account is likewise straightforward, and it usually involves transferring funds from your bank account to your brokerage account via:
- Bank transfers;
- Wire transfers;
- Electronic funds transfers (EFTs);
- Third-party payment processors such as PayPal.
Step 3: Place a trade
Once your account is funded, place your order by following these steps:
- Log in on your broker’s website;
- Find the MARA stock;
- Specify the number of shares you wish to buy (or the dollar amount you wish to invest);
- Select order type (i.e., market, limit, stop-loss, etc.);
- Review all the details;
- Execute the trade.
Step 4: Monitor your investment
After purchasing stocks, it’s essential to keep a close eye on your investments to ensure they perform as anticipated. For starters, use the charting tools and market analysis features available on your brokerage platform to monitor price movements. Additionally, think about diversifying your portfolio by exploring new stock opportunities.
You might also consider experimenting with copy-trading, which allows you to mimic the successful strategies of experienced investors on your platform.
Remain adaptable and be prepared to adjust your trading strategy if better investment opportunities arise. This could mean selling your MARA shares based on chart indicators and market analysis.
Disclaimer: TradingView does not recommend trading financial instruments based exclusively on the advice of the Technical Rating indicator. These recommendations cannot predict future movements and are meant as assistance for spotting potentially favorable buy/sell conditions if this is consistent with their strategy.
Marathon Digital Stock Price Today
Pros and cons of investing in Marathon Digital
Pros
- Growth potential: Mara has grown 600% in the past half a decade;
- Bitcoin: The bullish Bitcoin market means Mara is in a good spot;
- Crypto investment: Investing in Mara lets you invest in the crypto industry without owning any cryptocurrencies.
Cons
- Volatility: Cryptocurrencies and crypto stocks, including Marathon Digital, can experience significant price fluctuations;
- Regulatory risks: The cryptocurrency industry is subject to regulatory scrutiny;
- Scalability issues: Companies such as Mara need to adapt and scale according to market demands if they wish to succeed.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about How to Buy MARA Stock
Does BlackRock own MARA?
Per the latest SC 13G/A form submitted to the Securities and Exchange Commission (SEC) BlackRock owns 35,063,568 shares in MARA, or 12.40% stake in the company.
Who is the largest shareholder of MARA?
The largest MARA shareholder is BlackRock (12.4%).
What is Marathon Digital’s stock symbol?
The Marathon Digital stock ticker is MARA. It is traded on the NASDAQ.
Where to buy Marathon Digital stock?
You can buy Marathon Digital stock on online investment platforms such as eToro.
How to buy MARA stock?
To buy Marathon Digital stock, open an account on an online stock trading platform such as eToro.
Does Marathon Digital pay dividends?
No, Marathon Digital does not pay dividends.
Is MARA a good stock to buy?
Investing in Marathon Digital can be a good opportunity due to its strong position in the Bitcoin mining industry. However, as with any stock investment, it’s essential to consider the volatility and regulatory risks in the sector, especially since the company’s performance is tightly bound with the crypto industry.
Can I buy stock directly from Marathon Digital Holdings?
No, Mara does not have a direct stock purchase plan.
When was the Marathon Digital Holdings IPO?
The Marathon Digital Holdings IPO was in 2011.
Does MARA stock generate passive income?
No, MARA stock does not provide passive income since it does not pay dividends.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
