If You Had Invested $10k in MARA Stock 5 Years Ago, Here’s How Much You Would Have Today

Manoj Prasad

At the beginning of 2019, Marathon Digital Holdings (NASDAQ: MARA) was little known, trading at just over $2 per share. Today MARA has grown rapidly, reaching more than $23. Early investors have received returns of over 100 times in just five years.

MARA’s early days were on Wall Street, but one lucky investor turned a $10,000 investment into over $100,000. Here’s how Marina Digital Holdings stock made a small investment a six-figure windfall.

The Early Days – Mapping Out the Marathon Plan

In February 2019, MARA traded for $2.16 per share, working out to around 4,650 shares for a $10K investment. MARA focused mainly on cryptocurrency and blockchain technology at the time.

While nascent, the massive potential of crypto and blockchain was emerging. The prescient investor made a small bet on MARA, not knowing the eventual payoff.

Patience Pays Off – Holding Through Volatility

Like many high-growth stocks, the path was always difficult. MARA has bounced between $0.30 per share to $4.00 over the past two years.

The company’s investors avoided selling despite the huge decline. What gave them the confidence to persist was a marathon mentality and the long story of MARA.

The breakout in 2021 was fueled by MARA mining growth and rising Bitcoin prices. Revenue reached $150 million compared to only $4.4 million the previous year. MARA stock began hypergrowth mode, rising from $10 to $75 in November 2021.

Marathon Digital Holdings reported a record BTC production of 1853 BTC in December 2023 and 12852 BTC in 2023. The company also increased its energized hash rate to 26.4 exahash in January 2024.

Windfall Profits – Turning $10K into Over $100,000

The future is bright for Marathon Digital Holdings in 2024. MARA, one of the largest Bitcoin mining companies in North America, is poised for continued growth.

Five years after investing $10,000, our lucky investor is now sitting on over $100,000 at MARA’s price of $23. Talk about totally crushing it! His already strong belief in Marathon Digital has paid off.

MARA’s potential was immediately recognized by intelligent crypto investors, although hindsight is 20/20. Even a small investment in 2019 today gives a completely transformative property. Marathon Digital Holdings, which is delivering million-dollar returns to early believers, lives up to its name.

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Modernagebank.com founder Manoj utilizes his tech degree and 5+ years as a stock investor to lead as editor-in-chief, overseeing all content, proof-reading, and fact-checking. He also covers personal finance topics and cryptocurrencies news.
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