Traders Flock to Marathon Digital Call Options

Got story updates? Submit your updates here. ›

Marathon Digital Holdings, Inc. (NASDAQ:MARA) saw a surge in call option trading activity on Friday, with investors buying 346,617 call options on the stock - a 36% increase compared to the typical daily volume. The company's CEO and CFO have also recently sold a significant number of shares, though insiders still own a sizable stake. Marathon Digital is a digital asset technology company that specializes in Bitcoin mining, operating multiple large-scale mining facilities across North America.

Why it matters

The high volume of call option activity on Marathon Digital suggests traders are betting on the stock price increasing, potentially due to positive sentiment around the company's crypto mining operations. The insider share sales, while notable, do not appear to have significantly reduced insiders' overall ownership stake. The company's focus on operational efficiency and regulatory compliance in the rapidly evolving crypto mining industry is also of interest.

The details

On Friday, investors bought 346,617 call options on Marathon Digital stock, representing a 36% increase compared to the typical daily volume of 255,407 call options. Additionally, the company's CEO Frederick G. Thiel sold 27,505 shares in January, while CFO Salman Hassan Khan sold 34,732 shares in December. However, insiders still own a sizable 0.80% stake in the company.

• On January 20, 2026, CEO Frederick G. Thiel sold 27,505 shares.
• On December 15, 2025, CFO Salman Hassan Khan sold 34,732 shares.