Critical Comparison: MARA (NASDAQ:MARA) and Bitdeer Technologies Group (NASDAQ:BTDR)

Bitdeer Technologies Group (NASDAQ:BTDR) and MARA (NASDAQ:MARA) are both mid-cap business services companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, dividends, profitability, analyst recommendations, valuation, earnings and risk.

Earnings & Valuation

This table compares Bitdeer Technologies Group and MARA”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitdeer Technologies Group	$395.61 million	5.81	-$56.66 million	($0.52)	-39.46
MARA	$598.75 million	10.35	$261.17 million	$0.79	24.37

MARA has higher revenue and earnings than Bitdeer Technologies Group. Bitdeer Technologies Group is trading at a lower price-to-earnings ratio than MARA, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

22.3% of Bitdeer Technologies Group shares are owned by institutional investors. Comparatively, 44.5% of MARA shares are owned by institutional investors. 1.0% of MARA shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Risk and Volatility

Bitdeer Technologies Group has a beta of 2.27, indicating that its stock price is 127% more volatile than the S&P 500. Comparatively, MARA has a beta of 5.63, indicating that its stock price is 463% more volatile than the S&P 500.

Profitability

This table compares Bitdeer Technologies Group and MARA’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bitdeer Technologies Group	-18.27%	-13.47%	-7.24%
MARA	27.48%	-8.40%	-6.92%

Analyst Recommendations

This is a breakdown of current recommendations for Bitdeer Technologies Group and MARA, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitdeer Technologies Group	0	0	10	1	3.09
MARA	0	6	5	0	2.45

Bitdeer Technologies Group presently has a consensus target price of $19.80, indicating a potential downside of 3.51%. MARA has a consensus target price of $25.80, indicating a potential upside of 34.03%. Given MARA’s higher probable upside, analysts plainly believe MARA is more favorable than Bitdeer Technologies Group.

Summary

MARA beats Bitdeer Technologies Group on 12 of the 15 factors compared between the two stocks.

About Bitdeer Technologies Group

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account. The company also operates mining datacenters to generate hash rate; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining machines. The company is headquartered in Singapore.

About MARA

MARA Holdings, Inc. operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Digital Holdings, Inc. and changed its name to MARA Holdings, Inc. in August 2024. MARA Holdings, Inc. was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.