MARA stock: Long Ridge power deal in focus as bitcoin slides in holiday week
MARA Holdings, Inc. heads into a shortened U.S. trading week with a clearer issue for investors: is the stock mostly a bitcoin play, or has it started to trade more on its power assets? The shares finished Friday at $14.54, up 63 cents. About 56.8 million shares traded, putting the market cap close to $5.53 billion. Riot Platforms Inc. and CleanSpark Inc. also moved higher, but now MARA’s action has another catalyst after last week’s Long Ridge filing.