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Benzinga
Benzinga
Business
Mohd Haider

MARA Stock Spikes In After-Hours Trading As Bitcoin Hits New All-Time High

July,23,,2022,,Brazil.,In,This,Photo,Illustration,The,Marathon

The recent advancement in the cryptocurrency sector has led to an upward trend in stock value for MARA Holdings Inc. (NASDAQ:MARA). The stock surged by 2.89% in the regular trading hours, followed by a 2.61% after-hours gain on Thursday, as investors responded to growing optimism around the company’s strategic development in the Bitcoin mining space.

What Happened: MARA Holdings’ stock price closed at $18.99 on Thursday, showing a 2.89% increase. An additional increase of 2.61%, to $19.49 was seen after hours.  This surge can be linked to the company’s recent strides in the cryptocurrency industry, particularly in Bitcoin mining. The company’s stock has been on a steady rise, reflecting the overall positive performance of the cryptocurrency market.

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