Check Marathon Digital's AI plans and how they could lead to a potential rally in MARA stock.
According to Macquarie, the company's shares can jump to $22, testing mid-term highs.
Marathon
Digital Holdings, the largest publicly listed Bitcoin (BTC) miner on Wall
Street (NASDAQ: MARA),
has caught the attention of financial group Macquarie, which initiated coverage
of the company's shares with an “Outperform” rating. Due to the company's moves towards the artificial intelligence (AI) industry, the stock is expected to grow by nearly 50% in the coming weeks and months.
MARA Stock Poised to Rise
Towards $22, Boosted by AI Boom
On
September 24, 2024, Macquarie initiated coverage of Marathon Digital Holdings
with an “Outperform” recommendation. This positive outlook for MARA's
stock has garnered attention in the financial markets.
A $22 price
target would be MARA's highest since late July and would represent a
significant rebound from current lows. The company can't consider the current
year successful: while Bitcoin continues to gain 50%, its stock has fallen by
35%.
MARA Stock News: Price Target at $22. Source: Tradingview.com
However,
this is expected to change due to the company's moves towards AI, a trend
followed by an increasing number of firms in the mining sector. They focus on high-performance computing (HPC), as confirmed by a recent analysis
from investment management firm VanEck.
VanEck's head of digital assets research, Matthew Sigel
VanEck's
head of digital assets research, Matthew Sigel, estimates that this strategic
pivot could unlock $38 billion in value for mining companies by 2027.
“AI
companies need energy, and Bitcoin miners have it,” commented Sigel.
“As the market values the growing AI/HPC data center market, access to
power—especially in the near term—is commanding a premium.”
Although
MARA hasn't officially announced plans to shift its focus to AI, recent
personnel moves seem to confirm this direction. In early September, the company
appointed George and Barbara Humpton to its Board of Directors and named Doug
Mellinger as Lead Independent Director. George, for example, possesses
“deep expertise in artificial intelligence, data centers, and high-growth
technology environments.”
Fred Thiel, CEO, MARA, Source: LinkedIn
“Janet's
extensive experience in artificial intelligence and data center operations,
coupled with Barbara's leadership in technology and infrastructure, will be
invaluable as we continue to innovate and grow,” commented Fred Thiel, the MARA
CEO.
Macquarie's
bullish stance on Marathon Digital is also based on several additional factors:
Market
Position: Marathon
Digital was recognized for its commanding deployed capacity among institutional
Bitcoin miners.
Comprehensive
Offerings: The
company's broad range of services in the digital infrastructure space,
including MARAPOOL, MARAFW, Auradine, 2PIC, and various sustainability
initiatives, were highlighted as key strengths.
Integrated
Platform: Macquarie
views Marathon Digital as a scaled, integrated platform for investors looking
to engage with the Bitcoin sector.
MARA Stock News: Marathon
Digital Reports 5% Increase in Bitcoin Production for September
The Wall
Street Bitcoin miner’s energized hash rate grew to 36.9 EH/s, up 5% from
August's 35.2 EH/s. Marathon won 207 blocks during the month, a 6% rise
compared to August.
“Our
globally diversified operations demonstrated strength in September, with
significant uptime and increased hash rate,” said Fred Thiel, Marathon's
Chairman and CEO. “We're proud to have surpassed a marathon worth of
bitcoin holdings, with nearly 27,000 BTC on our balance sheet.”
However, Marathon
remains on track to reach its target of 50 EH/s by the end of 2024. The company
is making progress in converting its Granbury data center from air-cooled to
immersion containers. It expects completion before the year-end.
As of
September 30, Marathon held 26,842 unrestricted Bitcoins and did not sell any
during the month. Key operational metrics for September include:
Average
daily BTC production: 23.5 (up from 21.7 in August)
Share of
available miner rewards: 5.2% (up from 4.8% in August)
Transaction
fees as a percentage of the total: 1.7% (down from 2.7% in August)
While
Marathon Digital hasn't officially announced specific AI plans, there are
strong indications of a pivot towards AI. The company recently appointed AI
experts Janet George and Barbara Humpton to its board of directors. CEO Fred
Thiel emphasized the growing importance of AI data center strategies and the
need for AI expertise on the board.
How far can MARA stock
rise?
According
to Macquarie's recent analysis, MARA stock is expected to grow by nearly 50% in
the coming weeks and months. A price target of $22 has been set, which would be
MARA's highest since late July.
Marathon
Digital Holdings, the largest publicly listed Bitcoin (BTC) miner on Wall
Street (NASDAQ: MARA),
has caught the attention of financial group Macquarie, which initiated coverage
of the company's shares with an “Outperform” rating. Due to the company's moves towards the artificial intelligence (AI) industry, the stock is expected to grow by nearly 50% in the coming weeks and months.
MARA Stock Poised to Rise
Towards $22, Boosted by AI Boom
On
September 24, 2024, Macquarie initiated coverage of Marathon Digital Holdings
with an “Outperform” recommendation. This positive outlook for MARA's
stock has garnered attention in the financial markets.
A $22 price
target would be MARA's highest since late July and would represent a
significant rebound from current lows. The company can't consider the current
year successful: while Bitcoin continues to gain 50%, its stock has fallen by
35%.
MARA Stock News: Price Target at $22. Source: Tradingview.com
However,
this is expected to change due to the company's moves towards AI, a trend
followed by an increasing number of firms in the mining sector. They focus on high-performance computing (HPC), as confirmed by a recent analysis
from investment management firm VanEck.
VanEck's head of digital assets research, Matthew Sigel
VanEck's
head of digital assets research, Matthew Sigel, estimates that this strategic
pivot could unlock $38 billion in value for mining companies by 2027.
“AI
companies need energy, and Bitcoin miners have it,” commented Sigel.
“As the market values the growing AI/HPC data center market, access to
power—especially in the near term—is commanding a premium.”
Although
MARA hasn't officially announced plans to shift its focus to AI, recent
personnel moves seem to confirm this direction. In early September, the company
appointed George and Barbara Humpton to its Board of Directors and named Doug
Mellinger as Lead Independent Director. George, for example, possesses
“deep expertise in artificial intelligence, data centers, and high-growth
technology environments.”
Fred Thiel, CEO, MARA, Source: LinkedIn
“Janet's
extensive experience in artificial intelligence and data center operations,
coupled with Barbara's leadership in technology and infrastructure, will be
invaluable as we continue to innovate and grow,” commented Fred Thiel, the MARA
CEO.
Macquarie's
bullish stance on Marathon Digital is also based on several additional factors:
Market
Position: Marathon
Digital was recognized for its commanding deployed capacity among institutional
Bitcoin miners.
Comprehensive
Offerings: The
company's broad range of services in the digital infrastructure space,
including MARAPOOL, MARAFW, Auradine, 2PIC, and various sustainability
initiatives, were highlighted as key strengths.
Integrated
Platform: Macquarie
views Marathon Digital as a scaled, integrated platform for investors looking
to engage with the Bitcoin sector.
MARA Stock News: Marathon
Digital Reports 5% Increase in Bitcoin Production for September
The Wall
Street Bitcoin miner’s energized hash rate grew to 36.9 EH/s, up 5% from
August's 35.2 EH/s. Marathon won 207 blocks during the month, a 6% rise
compared to August.
“Our
globally diversified operations demonstrated strength in September, with
significant uptime and increased hash rate,” said Fred Thiel, Marathon's
Chairman and CEO. “We're proud to have surpassed a marathon worth of
bitcoin holdings, with nearly 27,000 BTC on our balance sheet.”
However, Marathon
remains on track to reach its target of 50 EH/s by the end of 2024. The company
is making progress in converting its Granbury data center from air-cooled to
immersion containers. It expects completion before the year-end.
As of
September 30, Marathon held 26,842 unrestricted Bitcoins and did not sell any
during the month. Key operational metrics for September include:
Average
daily BTC production: 23.5 (up from 21.7 in August)
Share of
available miner rewards: 5.2% (up from 4.8% in August)
Transaction
fees as a percentage of the total: 1.7% (down from 2.7% in August)
While
Marathon Digital hasn't officially announced specific AI plans, there are
strong indications of a pivot towards AI. The company recently appointed AI
experts Janet George and Barbara Humpton to its board of directors. CEO Fred
Thiel emphasized the growing importance of AI data center strategies and the
need for AI expertise on the board.
How far can MARA stock
rise?
According
to Macquarie's recent analysis, MARA stock is expected to grow by nearly 50% in
the coming weeks and months. A price target of $22 has been set, which would be
MARA's highest since late July.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
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In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
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We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
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In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
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Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
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We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
