Stock Track | MARA Holdings Soars 5.20% Pre-Market as Bitcoin Surges Past $82,000

Stock Track

04-11

MARA Holdings (MARA) stock is soaring 5.20% in pre-market trading on Friday, outpacing its initial 3% gain, as Bitcoin's price surged over 3% to reach $82,072. This significant move in MARA's stock price underscores the strong correlation between crypto-related stocks and Bitcoin's performance.

The crypto market is showing robust signs of recovery, with Bitcoin leading the charge. This upward momentum is lifting various crypto stocks, with TeraWulf rising 5%, Canaan up 4%, and other notable players like Strategy, Hut 8, Coinbase, CleanSpark, and Riot Platforms also seeing gains between 2-3% in pre-market trading.

MARA Holdings, as a key player in the cryptocurrency mining sector, is particularly sensitive to Bitcoin price movements. The company's stock often amplifies Bitcoin's price action, explaining today's outsized gain compared to the cryptocurrency's 3% increase. Investors appear to be betting on improved profitability for crypto miners as Bitcoin's value climbs, driving demand for shares in companies like MARA Holdings.

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Investors appear to be betting on improved profitability for crypto miners as Bitcoin's value climbs, driving demand for shares in companies like MARA Holdings.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MARA","symbol_name":"MARA Holdings","start_time":0,"source_url":"","article_id":"1123928116","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1123928116","pubTimestamp":1744378850,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"MARA Holdings  stock is soaring 5.20% in pre-market trading on Friday, outpacing its initial 3% gain, as Bitcoin's price surged over 3% to reach $82,072. 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