MARA’s Bitcoin Loss Meets an AI Power Bet as Traders Look Past the Miss
MARA Holdings looked split on Tuesday morning, with shares at $13.39 before the U.S. market opened—up about 3.6%. Bitcoin hovered near $80,726, down a bit. Riot Platforms, CleanSpark, and Core Scientific all showed gains too, though not by the same amount. For MARA, the story is still Bitcoin mining, at least as far as the market’s concerned, despite management’s push for a broader energy-backed data infrastructure label.