MARA Holdings stock climb up even though dem miss earnings, as green energy plan and cutting cost make analysts get mind well well after Bitcoin halving.
Bitcoin miner MARA Holdings (NASDAQ: MARA) report say dem make small money for Q1 2025 compared to wetin dem expect, mainly because of new way to calculate money wey affect dem GAAP result. Even though dem miss am, di company money increase by 30% compare to last year, wey show say dem dey grow for business. Pipo wey analyze market come get positive mind as MARA stock price jump up to 9%, because di company dey focus on how to cut down how dem dey spend money by using green energy more, especially data centers wey dey use wind and gas wey dem burn. Jefferies and H.C. Wainwright talk say dis change to green energy make dem different for di mining business wey get plenty competitor, and say e go help dem make more profit after Bitcoin half-wey reduce di money wey dem dey get from mining and make profit tight for everybody for di business. Jefferies raise di stock target to $16 and H.C. Wainwright still say $28 na buy rating, wey show say dem get confidence for where MARA dey go. While other pipo for di business dey do AI and high-performance computing, MARA still dey focus on making Bitcoin mining better and getting money from transactions. Di way di company dey do things fast to get energy wey go last, with good technical chart wey show say things go better and Bitcoin price wey dey recover, show say e get chance to buy – but traders suppose watch out for more competition for di business and how much market share MARA get for future.
Bullish
Even as MARA Holdings no meet Q1 earnings expectations because of new accounting rules, wetin the company promise for green energy things and to cut down how dem dey spend money operational wise, analysts and market people see am as good sign. The way the stock price jump after dem release the earnings, plus analysts wey raise their target price and dem focus on expanding clean energy, put MARA for one good position for the challenges of Bitcoin mining after the halving. For history, as energy efficiency and cost control better, e make miners dey stronger to compete after halving. This focus on the main Bitcoin mining work, join with technical bullish signs and small increase for money dem make, show say investors trust don come back and e fit mean say the price of MARA shares and even Bitcoin market fit increase small small for short to medium time.