MARA Holdings shares rose 8.93% to $12.68 Friday as Bitcoin climbed 6.09% to $80,997.20 and Morgan Stanley raised its price forecast to $11 while maintaining an Underweight rating. Crypto-linked stocks also benefited after the U.S. Commodity Futures Trading Commission proposed a regulatory framework for crypto asset transactions and markets, following announcements from the CFTC and U.S. Securities and Exchange Commission. MARA traded above its 20-day, 50-day and 200-day simple moving averages, although it remained down 31.22% over 12 months. Analysts maintain a Buy consensus, with the latest cited average forecast at $17, while JPMorgan has an $11 Underweight target and HC Wainwright & Co. has a $20 Buy forecast. MARA is also held by several crypto-focused ETFs, creating potential portfolio-rebalancing flows. Earlier coverage cited a $12.61 trading level, an $18.70 average target and a proposed expansion from Bitcoin mining into AI data-center infrastructure.