Iris Energy Limited vs Marathon Digital Holdings Inc — how do they compare? Iris Energy Limited trades at $35.19 (market cap $14.07B), while Marathon Digital Holdings Inc trades at $9.65 (market cap $3.83B). The key difference: Iris Energy Limited is far larger — about 3.7× Marathon Digital Holdings Inc's market cap, and Iris Energy Limited is more actively traded (54,492,460 versus 47,742,698). Which is the better fit depends on your goals — on Pluang, investors hold Iris Energy Limited for 28 Days and Marathon Digital Holdings Inc for 22 Days on average.
| IREN | MARA | |
|---|---|---|
Market Cap | $14.07B | $3.83B |
Volume | 54,492,460 | 47,742,698 |
Sector | Technology | Financials |
52-Week High | $76.41 | $22.84 |
52-Week Low | $29.31 | $6.73 |
Typical Hold Time | 28 Days | 22 Days |
Enterprise Value | $16.02B | $5.87B |
Signals from Pluang's Aura AI — not financial advice
IREN is trading at $35.71, down 7.7% in the last 24 hours, showing bearish technical momentum despite strong analyst support. The company reported $501M revenue in 2025 with 17.35% profit margin, but faces significant losses projected for 2026 (-$703M net income). Recent news highlights IREN's pivot from Bitcoin mining to AI infrastructure with major contracts including a $9.7B Microsoft deal, though execution risks and capital intensity remain concerns.
While Wall Street maintains bullish sentiment with an $81 consensus price target (80% buy ratings), IREN faces substantial execution risks amid aggressive expansion. The stock offers potential upside if the company successfully scales its AI infrastructure business, but current negative profitability and high valuation ratios (P/E 51.42, P/S 15.97) suggest caution for near-term investors.
MARA stock trades at $9.91, down 4.34% today, showing bearish technical momentum despite recent volatility. The company faces significant fundamental challenges with a net income margin of -429.71% and consecutive quarterly earnings misses. Analyst sentiment remains divided with equal buy/hold ratings, while recent news highlights the stock's sensitivity to broader market movements and Bitcoin-related sector trends.
The outlook remains challenging due to persistent losses and negative profitability metrics. While the consensus price target of $13.25 suggests potential upside, investors face substantial execution risks amid heavy cash burn and competitive pressures in the technology sector.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
Iris Energy is a next-generation data center company that powers Bitcoin mining and AI workloads using 100% renewable energy. It focuses on building sustainable infrastructure for the global digital economy.
Read more on IREN →Marathon Digital Holdings, Inc. is one of the largest publicly traded Bitcoin mining companies in North America. The company focuses on building and operating large-scale, cost-efficient Bitcoin mining facilities. Marathon's strategy centers on increasing its mining hash rate and using sustainable energy sources to expand its Bitcoin production. The company's performance is closely tied to the price of Bitcoin and the overall health of the digital asset mining industry.
Read more on MARA →