Form 8-K · Current Report · Filed 2025-02-21
MARA Holdings, Inc. Increases Authorized Shares and Redeems Preferred Stock
On February 19, 2025, MARA Holdings, Inc. announced the increase of its authorized common shares from 500,000,000 to 800,000,000 via a Charter Amendment, which was approved by its stockholders at a Special Meeting held the same day. Additionally, the Company redeemed its Series X Preferred Stock, resulting in the elimination of its previous designation and returning the preferred stock to authorized but unissued shares. A Certificate of Withdrawal was filed on February 21, 2025. No exhibits were furnished with this filing.
- Filer
- Mara Holdings Inc. MARA · NASDAQ
- Filed
- Accession
- 0001493152-25-007932
- CIK
- 0001507605
- Signal
- High impactFinancial Services
- Source
- Official filing on sec.gov ↗
Items reported
Amendments to Articles of Incorporation or Bylaws
Submission of Matters to a Vote of Security Holders
Financial Statements and Exhibits
Market reaction
Close before filing
$15.95
Next session
-12.9%
Since filing
-29.2%
Latest close
$11.30
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from MARA reporting the same item, with the next session's move:
Exhibits (2)
About Mara Holdings Inc.
Mara Holdings Inc. is a company that primarily specializes in the financial and technological sectors, focusing on innovative endeavors within its portfolio. As part of its core business model, Mara Holdings engages in cryptocurrency mining and digital asset management, which positions it in the rapidly evolving digital finance industry. Its operations include mining of major cryptocurrencies, which involves the validation of digital transactions and adding them to a blockchain ledger, a process crucial to the functionality and security of cryptocurrency networks. The influence of Mara Holdings Inc. extends across multiple sectors, including financial technology and digital currencies, drawing considerable interest as industries adopt blockchain technology and decentralized finance solutions. The company's participation in these markets underscores its role as a proactive entity capitalizing on digital transformation trends. In the context of market significance, Mara Holdings Inc. represents a blend of traditional financial management with the innovative potential of blockchain technology. Its activities not only contribute to the digital asset ecosystem but also highlight the increasing importance of integrating technology-driven financial solutions in today’s economy.
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