On July 2, MARA Holdings rose 5.09% in regular trading, trading at $13.91/share, with turnover of approximately $103 million.
On the news front, crypto-related stocks surged broadly at the open, with sector leaders Strategy climbing over 9%, Circle rising over 9%, Robinhood gaining over 8%, and Coinbase advancing over 7%. MARA Holdings joined the rally alongside other mining stocks including BitMine and CleanSpark.
MARA Holdings has been actively managing its Bitcoin holdings and expanding its business scope. The company recently increased its BTC position to 36,303 coins in mid-June and earlier announced a $1.52 billion acquisition of Long Ridge Energy & Power to boost its self-owned power generation capacity by approximately 65%. Additionally, MARA has been transitioning toward an energy and digital infrastructure company, partnering with Starwood Capital to develop AI and high-performance computing infrastructure targeting over 1 gigawatt of near-term IT capacity.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)