NEW YORK, December 29, 2025, 03:05 ET — Market closed
- MARA last closed down 3.5% at $9.59, after touching a 52-week low of $9.43.
- Bitcoin rose 2.2% to $89,463 in thin year-end trading, a key driver for U.S.-listed miners.
- Traders are watching Tuesday’s Federal Reserve minutes for clues on the 2026 rate path.
MARA Holdings shares last closed down 3.5% at $9.59, hovering near a 52-week low after a late-week slide in crypto-linked stocks.
The move matters heading into Monday because bitcoin bounced overnight, setting up a fresh test of whether miners can follow when U.S. trading resumes. Bitcoin was up 2.2% at $89,463.23 in early trading, Reuters data showed.
Rate expectations are also back in focus during a thin year-end week, when lighter volumes can amplify swings across risk assets. Minutes from the Fed’s December meeting are due Tuesday.
“Handicapping how many rate cuts we’re going to get next year is a big thing markets are focused on right now,” Michael Reynolds, vice president of investment strategy at Glenmede, said in a Reuters report. Reuters
MARA traded between $9.43 and $9.97 in the last session, with $9.43 also marking the stock’s 52-week low, according to Investing.com data.
The stock is roughly 59% below its 52-week high of $23.45, underscoring how sharply sentiment has cooled on bitcoin-exposed equities into year-end.
MARA is one of the most actively traded U.S.-listed bitcoin miners, alongside peers such as Riot Platforms and CleanSpark, and it often moves more than the token itself as investors price in operating costs and balance-sheet risk.
Bitcoin mining is the process of using specialized computers to validate transactions on the bitcoin network in return for newly minted bitcoin and transaction fees. That links miners’ revenue to the token’s price while their expenses remain tied to power and infrastructure.
Macro headlines have dominated the calendar as scheduled data thins out, and traders have been bracing for volatility tied to year-end portfolio adjustments.
MARA’s investor-relations calendar lists no upcoming events scheduled at this time.
Before the next session, the key external catalyst is Tuesday’s release of the Fed minutes, which investors are using to gauge how quickly policymakers might cut rates again in 2026.
Technically, traders will be watching whether MARA holds above the $9.43 low from the last session and whether it can reclaim the $10 area after failing to stay above Friday’s range.
On the company calendar, Investing.com lists MARA’s next earnings report date as March 4, 2026, giving investors a near-term marker for updates on production, costs and liquidity.
