MARA Holdings shares surge 10.98% as Bitcoin rallies above $72,000

MARA Holdings shares rose 10.98% to $10.71 Thursday, according to Benzinga Pro data, as Bitcoin moved back above $72,000 and broader crypto markets rallied. Sentiment was supported by Wednesday's White House crypto summit hosted by President Donald Trump. With roughly 35,577 BTC, MARA is one of the largest corporate holders of digital assets, making its stock a high-beta proxy for Bitcoin and increasing the value of its balance sheet as the cryptocurrency rises. The company is also pursuing a mid-2025 strategy to become a vertically integrated digital energy and AI infrastructure provider, using its power pipeline for enterprise AI hosting alongside flexible crypto mining.

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