Analysts Bullish on MARA Holdings (MARA) Amid Debt-Reduction Efforts

MARA Holdings, Inc. (NASDAQ:MARA) earns a spot on our list of the 7 best blockchain stocks to buy right now.

Analysts Bullish on MARA Holdings (MARA) Amid Debt-Reduction Efforts

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As of March 30, 2026, 60% of covering analysts keep a “Buy” rating for MARA Holdings, Inc. (NASDAQ:MARA), indicating that analyst sentiment on the stock remains bullish. A 53.65% upside potential is implied by the consensus price target of $12.00.

Meanwhile, MARA Holdings, Inc. (NASDAQ:MARA) announced on March 26, 2026, that it has agreed to repurchase approximately $1.00 billion worth of convertible notes at a discount. This included around $367.5 million of its 2030 Notes for approximately $322.9 million in cash and roughly $633.4 million of its 2031 Notes for approximately $589.9 million.

According to MARA Holdings, Inc. (NASDAQ:MARA), the move is expected to reduce the company’s outstanding convertible debt by over 30%, capture approximately $88.1 million in value through cash savings prior to transaction costs, and significantly limit potential future dilution related to the notes’ conversion features.

Between March 4 and March 25, 2026, MARA Holdings, Inc. (NASDAQ:MARA) sold 15,133 bitcoin, which yielded roughly $1.1 billion to finance the company’s buyback plan.

According to CEO Fred Thiel, the overall move improves financial flexibility and helps MARA Holdings, Inc. (NASDAQ:MARA) advance beyond bitcoin mining into digital energy and AI/HPC infrastructure.

MARA Holdings, Inc. (NASDAQ:MARA), a digital asset technology company, engages in Bitcoin mining. The company operates data centers, develops mining software, and generates energy from renewable sources and methane capture.

While we acknowledge the risk and potential of MARA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MARA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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