MARA Holdings Inc. (NASDAQ:MARA) is one of the 10 Must-Watch Stocks Right Now.
MARA Holdings grew its share prices by 6.39 percent on Friday to close at $9.32 apiece, mirroring the rebound in Bitcoin prices during the day.
The crypto—which may have lost 18.68 percent of its value year-to-date—was able to bounce back to the $73,000 level during the day before paring gains to trade just around the $71,000 territory as of writing.
Investors also digested a social media post from Strategy Inc. Chairman Michael Saylor late on Thursday, which may have suggested that traders hold on expected upsides.
In his post, Saylor underscored the usual delay “between the time we buy the Bitcoin and the time Bitcoin goes to the moon.”
In other news, MARA Holdings Inc. (NASDAQ:MARA) announced a dismal earnings performance last year, having incurred a $1.3 billion net loss attributable to shareholders, reversing a $541 million attributable net income in 2024. Revenues, however, increased by 38 percent to $907 million from $656 million year-on-year.
In the fourth quarter alone, MARA Holdings Inc. (NASDAQ:MARA) fell to a net loss attributable to shareholders of $1.7 billion, reversing a $528 million attributable net profit in the same quarter a year earlier.
Revenues also dropped by 5.6 percent to $202 million from $214 million year-on-year.
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