MARA Holdings Stock Falls as Bitcoin Nears $70,000, Putting AI Pivot Funding in Focus
Shares of MARA Holdings dropped 5.4% to $8.77 in premarket trading Friday, after bitcoin shed roughly 4% to hover near $70,001. That downturn is putting fresh strain on the U.S. bitcoin-mining sector. This shift is notable: on March 2, MARA’s annual report revealed the company updated its 2026 treasury policy, opening the door to selling any bitcoin sitting on its balance sheet—not just coins from ongoing mining. That tweak hands MARA a fresh way to raise cash as the firm looks to expand into AI and high-performance computing, areas that lean on dense server clusters for intensive tasks.