Bitcoin price sensitivity of holdings
Company: Marathon Digital
The claim, verbatim
Management said every $10,000 change in the price of bitcoin translates to a non-cash gain or loss of about $350 million for MARA.
Source (primary)
Why Did MARA Stock Fall? - Trefis (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗
Quote: “Every $10,000 change in the price of bitcoin translates to a non-cash gain or loss of about $350 million for MARA.”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The article says management detailed this sensitivity on an August 6 call and states that each $10,000 move in bitcoin's price produces a non-cash gain or loss of about $350 million for MARA.
Confirmed in the source:
- MARA management described the company's sensitivity to bitcoin's price (on an August 6 call)
- Every $10,000 change in the price of bitcoin translates to a non-cash gain or loss of about $350 million for MARA
What we did: Read our cached copy of the publisher (https://www.trefis.com/articles/618694/why-did-mara-stock-fall/2026-10-14) in full (11,446 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Did MARA Stock Fall? - Trefis
Quote: “Every $10,000 change in the price of bitcoin translates to a non-cash gain or loss of about $350 million for MARA.”