Mara Holdings, Inc. · NASDAQ:MARA
Mara — Merger or Acquisition (June 2026)
8 slides from Mara's merger presentation, Jun 25, 2026
Slide 1: Selected Financial Information: MARA Holdings & Long Ridge Energy & Power
Selected Financial Information: MARA Holdings, Inc. (“MARA”) & Long Ridge Energy & Power LLC (“Long Ridge”) NASDAQ: MARA MARA.COM June 2026 Rendering of Potential Data Center
Slide 2: Investor Notice and Forward-Looking Statements
Investor Notice Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward - looking statements described under the heading "Risk Factors" in our most recent annual report on Form 10 - K and any
Slide 3: Non-GAAP Financial Measures
EBITDA is a non - GAAP financial measure used by MARA and Long Ridge. EBITDA is defined as (a) net income (loss) attributable to stockholders or members plus (b) adjustments to add back the impacts of (1) interest, (2) income taxes and (3) depreciation, depletion and amortization, including the amor
Slide 4: Balance Sheet (unaudited)
Balance Sheet (unaudited) (in thousands) $8,304 $513,653 Cash & cash equivalents $52,404 $611,108 Total current assets — $2,407,516 Digital assets, net of current portion & Digital assets - receivable, net $1,524,496 $1,406,132 Property, plant and equipment, net $1,625,173 $4,338,161 Total long - te
Slide 5: Income Statement (unaudited)
Income Statement (unaudited) (in thousands) $62,006 $174,614 Total revenues ($6,495) ($1,259,619) Net loss attributable to common stockholders / members $22,905 ($1,095,624) EBITDA $25,373 ($1,037,727) Adjusted EBITDA Selected Financial Information – For the Quarter Ended March 31, 2026 Source: Form
Slide 6: Appendix
Appendix
Slide 7: Non-GAAP Reconciliation – For the Quarter Ended March 31, 2026
(in thousands) ($6,495) ($1,259,619) Net loss attributable to common stockholders / members 23,260 188 Interest expense, net — (30,932) Tax benefit 6,140 194,739 Depreciation, depletion, and amortization 22,905 (1,095,624) EBITDA 1 1,583 30,506 Stock - based compensation (347) 41,045 Change in fair
Slide 8: YTD Production Data (as of May 31, 2026)
Metric 1,100 Number of Blocks Won 3,805 Bitcoin (“BTC”) Produced 25.2 Average BTC Produced per Day 5.6% Share of Available Miners Rewards 1 70.7 Energized Hashrate (EH/s) 2 YTD Production Data (as of May 31, 2026) 8 1 Defin ed as the total amount of block rewards including transaction fees that MARA