New York, January 24, 2026, 08:52 EST — Market closed
- On Friday, MARA shares closed at $10.50, marking a 2.1% increase.
- A filing revealed CEO Fred Thiel offloaded 27,505 shares through a pre-arranged plan.
- As the new week begins, traders are focused on Bitcoin’s next steps and the Federal Reserve’s decision set for January 28.
MARA Holdings shares closed Friday up 2.1% at $10.50, following Bitcoin’s recent climb heading into the weekend. On Saturday, Bitcoin hovered near $89,400.
U.S. stock markets are closed until Monday, so crypto prices are taking center stage for now. For miners such as MARA, weekend trading can influence what happens when stocks reopen, particularly given the coin’s volatile intraday moves.
A regulatory filing revealed Thursday that CEO Fred Thiel sold 27,505 shares at $10.80 each on Jan. 20, leaving him with 3,517,566 shares. The sale was executed under a Rule 10b5-1 plan established on May 28, 2025. (Securities and Exchange Commission)
A 10b5-1 plan is a preset trading arrangement allowing insiders to buy or sell shares on a fixed schedule, even if they possess non-public information later. While this setup can weaken the signal’s impact, the timing still draws attention, especially when a stock reacts to broad market news.
Other U.S.-listed bitcoin miners closed Friday on a positive note: Riot Platforms gained 1.3%, CleanSpark rose 3.9%, and Hut 8 jumped 5.6%. The group remains tightly linked to the coin’s price moves.
Macro factors are still driving moves. According to Reuters, investors have been snapping up gold and silver as the dollar softens, with rate expectations closely watched ahead of the Fed’s two-day meeting ending Jan. 28. “The dollar weakness is about a loss of U.S. credibility and prestige,” said Kyle Rodda, senior market analyst at Capital.com. (Reuters)
For MARA, the short-term focus remains steady: Bitcoin’s price movements, network status, and energy expenses. Hashrate—the computing power miners use—affects how much bitcoin they can mine, though increasing competition across the network makes mining tougher overall.
The downside scenario is straightforward. A steep drop in Bitcoin over the weekend, a sudden rise in mining difficulty, or fresh risk-off moves on rates could put miners back under pressure. MARA’s stock usually magnifies these swings in the coin itself.
Trading picks back up Monday, with investors eyeing if Bitcoin can stay close to $90,000 and whether crypto-related stocks follow suit. The next major macro event lands Jan. 28, when the Fed announces its policy decision.
