Sifting through countless of stocks in the Software industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in MARA Holdings, Inc. or Hut 8 Corp. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how MARA Holdings, Inc. and Hut 8 Corp. compare based on key financial metrics to determine which better meets your investment needs.

About MARA Holdings, Inc. and Hut 8 Corp.

MARA Holdings, Inc. operates as an energy and digital infrastructure company in North America, the Middle East, Europe, and Latin America. The company leverages Bitcoin Mining and Artificial Intelligence compute to monetize excess energy and underutilized power, optimize power management across operations and support AI inference applications. 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 based in Hallandale Beach, Florida.

Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services. It also engages in the operation of compute infrastructure; and provision, hosting, monitoring, troubleshooting, repair, maintenance, and sale of mining equipment. In addition, the company offers Bitcoin mining; data center and cloud infrastructure services, including colocation services; and ASIC compute, traditional cloud, and AI cloud services. Hut 8 Corp. was founded in 2020 and is based in Miami, Florida.

Latest Software and MARA Holdings, Inc., Hut 8 Corp. Stock News

As of June 18, 2026, MARA Holdings, Inc. had a $5.4 billion market capitalization, compared to the Software median of $1.1 million. MARA Holdings, Inc.’s stock is up 58.4% in 2026, up 1% in the previous five trading days and down 3.03% in the past year.

Currently, MARA Holdings, Inc. does not have a price-earnings ratio. MARA Holdings, Inc.’s trailing 12-month revenue is $867.8 million with a -234.8% net profit margin. Year-over-year quarterly sales growth most recently was -18.4%. Analysts expect adjusted earnings to reach $-2.510 per share for the current fiscal year. MARA Holdings, Inc. does not currently pay a dividend.

As of June 18, 2026, Hut 8 Corp. had a $14.0 billion market cap, putting it in the 82nd percentile of all stocks. Hut 8 Corp.’s stock is up 170.9% in 2026, up 4.7% in the previous five trading days and up 632.43% in the past year.

Currently, Hut 8 Corp. does not have a price-earnings ratio. Hut 8 Corp.’s trailing 12-month revenue is $284.3 million with a -109.8% net profit margin. Year-over-year quarterly sales growth most recently was 225.7%. Analysts expect adjusted earnings to reach $0.590 per share for the current fiscal year. Hut 8 Corp. does not currently pay a dividend.

How We Compare MARA Holdings, Inc. and Hut 8 Corp. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at MARA Holdings, Inc. and Hut 8 Corp.’s stock grades to see how they measure up against one another.

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MARA Holdings, Inc. and Hut 8 Corp. Stock Value Grades

Company	Ticker	Value
MARA Holdings, Inc.	MARA	F
Hut 8 Corp.	HUT	F

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

MARA Holdings, Inc. has a Value Score of 16, which is Ultra Expensive. Hut 8 Corp. has a Value Score of 4, which is Ultra Expensive.

The Value Stock Winner: No Clear Winner

Neither MARA Holdings, Inc. or Hut 8 Corp. has a high enough value grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolio. It’s important to look at a wide range of financial metrics in order to determine if MARA Holdings, Inc. or Hut 8 Corp. is the better investment when it comes to value.

MARA Holdings, Inc. and Hut 8 Corp.’s Quality Grades

Company	Ticker	Quality
MARA Holdings, Inc.	MARA	C
Hut 8 Corp.	HUT	F

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

MARA Holdings, Inc. has a Quality Score of 41, which is Average. Hut 8 Corp. has a Quality Score of 18, which is Very Weak.

The Quality Stock Winner: No Clear Winner

Neither MARA Holdings, Inc. or Hut 8 Corp. has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if MARA Holdings, Inc. or Hut 8 Corp. is the better investment when it comes to quality.

MARA Holdings, Inc. and Hut 8 Corp.’s Momentum Grades

Company	Ticker	Momentum
MARA Holdings, Inc.	MARA	A
Hut 8 Corp.	HUT	A

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

MARA Holdings, Inc. has a Momentum Score of 81, which is Very Strong. Hut 8 Corp. has a Momentum Score of 99, which is Very Strong.

The Momentum Grade Winner: It’s a Tie!

Looking at the Momentum Grade breakdown above, both MARA Holdings, Inc. and Hut 8 Corp. have a grade of A. For those who focus solely on a company’s momentum, further research will need to be conducted into both companies to see if they fit your individual needs as an investor.

Other MARA Holdings, Inc. and Hut 8 Corp. Grades

In addition to Momentum, Value and Quality, A+ Investor also provides grades for Growth and Estimate Revisions.

Earnings estimate revisions scores take into account the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, surprises beget further surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether MARA Holdings, Inc. and Hut 8 Corp. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, MARA Holdings, Inc. or Hut 8 Corp. Stock?

Overall, MARA Holdings, Inc. stock has a Value Score of 16, Momentum Score of 81 and Quality Score of 41.

Hut 8 Corp. stock has a Value Score of 4, Momentum Score of 99 and Quality Score of 18.

Comparing MARA Holdings, Inc. and Hut 8 Corp.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.