MARA Holdings Slips as Bitcoin Drop Pressures $1.5B AI Power Gamble

MARA Holdings shares lost ground Friday as bitcoin weakened, with investors eyeing a looming consent deadline from bondholders related to the company's pursuit of Long Ridge Energy & Power. For the bitcoin miner, snapping up Long Ridge marks a pivotal move into AI-focused power and data center assets.

Artificial Intelligence · Cryptocurrency · NASDAQ:MARA · NYSE:FTAI
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