Marathon Digital Holdings Inc vs MPLX LP — how do they compare? Marathon Digital Holdings Inc trades at $9.7 (market cap $3.74B), while MPLX LP trades at $59.77 (market cap $60.12B). The key difference: MPLX LP is far larger — about 16.1× Marathon Digital Holdings Inc's market cap, and MPLX LP pays a 7.26% dividend while Marathon Digital Holdings Inc pays none. Which is the better fit depends on your goals.
| MARA | MPLX | |
|---|---|---|
Market Cap | $3.74B | $60.12B |
Sector | Technology | Technology |
52-Week High | $22.84 | $60.51 |
52-Week Low | $6.73 | $47.80 |
Enterprise Value | $5.78B | $85.22B |
Dividend Yield | — | 7.26% |
Signals from Pluang's Aura AI — not financial advice
MARA Holdings trades at $9.675, down 1.2% on the day, with a bearish technical signal and negative earnings trends. The company reported a Q2 2026 net loss of $1.60 per share, missing estimates, while revenue declined to $804 million in 2026. Despite a 50% analyst buy rating and a $16.08 consensus price target, profitability remains challenged with a -429.71% net income margin. Recent news highlights a strategic pivot toward AI digital infrastructure amid Bitcoin mining headwinds.
The outlook is mixed: valuation ratios like P/E of 3.37 suggest potential undervaluation, but persistent losses and high debt-to-asset ratio of 49.43% pose significant risks. Upside depends on successful execution of the AI infrastructure strategy, while downside risks include continued earnings misses and cryptocurrency market volatility.
MPLX trades at $59.76, up 1.81% with a bullish technical outlook. The stock shows strong profitability with a 40.45% net income margin and a P/E of 12.75. Recent Q2 2026 earnings missed expectations, but revenue grew to $11.7B in 2026. The company announced a $2.25 billion senior notes offering on August 10, 2026, to fund growth projects, supporting its fee-based infrastructure model.
Outlook is positive with a consensus price target of $61.50, though risks include rising capital spending and leverage. The dividend yield remains attractive, with a $1.08 distribution declared for H2-2026. Investors should weigh solid cash flow against execution risks in expansion initiatives.
Trailing returns across standard periods
Latest headlines on both assets
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 →MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.
Read more on MPLX →