12 Best High Volume Stocks to Buy According to Analysts

2. MARA Holdings Inc. (NASDAQ:MARA)

Number of Hedge Fund Holders: 21

Average Volume (3-Month): 51.061 million

Upside Potential as of February 19: 61.49%

MARA Holdings Inc. (NASDAQ:MARA) is a digital asset technology company that focuses on Bitcoin mining in the US. It uses technological advancements to optimize its mining operations and contribute to the security and efficiency of the Bitcoin network.

It’s expanding its owned data center capacity for Bitcoin mining. It acquired two Ohio data centers with 222 megawatts of capacity and is building a 150-megawatt greenfield site. This adds 372 megawatts to its portfolio, all targeted for full energization by the end of 2025. These moves increase the company’s owned capacity by over 70%. In 2024, it secured 1 gigawatt of capacity through acquisitions and development, bringing the total to nearly 1.5 gigawatts, with 65% owned. The Ohio acquisitions were made at $270,000 per megawatt, which they claim is a low multiple compared to competitors.

The company aims to reduce operating costs and increase control. MARA Holdings Inc. (NASDAQ:MARA) is exploring partnerships with AI companies and hyperscalers to further lower costs. It’s also focused on achieving near-zero energy costs through on-site generation and micro data centers.