MSTR vs MARA

For growth investors, Marathon Digital Holdings, Inc.

(MARA) is the stronger pick with 38. 2% revenue growth year-over-year, versus 3. 0% for Strategy Inc (MSTR). Analysts rate Strategy Inc (MSTR) a "Buy" — based on 29 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

Over the past 5 years, Strategy Inc (MSTR) delivered a total return of +206.

7%, compared to -58. 5% for Marathon Digital Holdings, Inc. (MARA). Over 10 years, the gap is even starker: MSTR returned +923. 1% versus MARA's -50. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Strategy Inc (MSTR) is the lower-risk stock at 2.

59β versus Marathon Digital Holdings, Inc. 's 3. 11β — meaning MARA is approximately 20% more volatile than MSTR relative to the S&P 500. On balance sheet safety, Strategy Inc (MSTR) carries a lower debt/equity ratio of 16% versus 105% for Marathon Digital Holdings, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Marathon Digital Holdings, Inc.

(MARA) is pulling ahead at 38. 2% versus 3. 0% for Strategy Inc (MSTR). On earnings-per-share growth, the picture is similar: Strategy Inc grew EPS -151. 3% year-over-year, compared to -314. 5% for Marathon Digital Holdings, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Marathon Digital Holdings, Inc.

(MARA) is the more profitable company, earning -144. 6% net margin versus -844. 8% for Strategy Inc — meaning it keeps -144. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MARA leads at -90. 6% versus -1140. 8% for MSTR. At the gross margin level — before operating expenses — MSTR leads at 68. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

Analyst consensus price targets imply the most upside for MSTR: 50.

3% to $280. 83.

In this comparison, MSTR (0.

7% yield) pays a dividend. MARA does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Strategy Inc (MSTR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (0.

7% yield, +923. 1% 10Y return). Marathon Digital Holdings, Inc. (MARA) carries a higher beta of 3. 11 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MSTR: +923. 1%, MARA: -50. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (MSTR (Technology) and MARA (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: MSTR is a mid-cap quality compounder stock; MARA is a small-cap high-growth stock. MSTR pays a dividend while MARA does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.