# MARA Holdings, Inc. (MARA) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from MARA Holdings, Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/MARA/mda/fy2025/): filed 2026-03-02; accession 0001507605-26-000007 (https://www.sec.gov/Archives/edgar/data/1507605/000150760526000007/mara-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/MARA/mda/fy2024/): filed 2025-03-03; accession 0001507605-25-000003 (https://www.sec.gov/Archives/edgar/data/1507605/000150760525000003/mara-20241231.htm)
- [FY 2023 MD&A](/company/MARA/mda/fy2023/): filed 2024-02-28; accession 0001628280-24-007680 (https://www.sec.gov/Archives/edgar/data/1507605/000162828024007680/mara-20231231.htm)
- [FY 2022 MD&A](/company/MARA/mda/fy2022/): filed 2023-03-16; accession 0001493152-23-007879 (https://www.sec.gov/Archives/edgar/data/1507605/000149315223007879/form10-k.htm)
- [FY 2021 MD&A](/company/MARA/mda/fy2021/): filed 2022-03-10; accession 0001493152-22-006446 (https://www.sec.gov/Archives/edgar/data/1507605/000149315222006446/form10-k.htm)

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