Stock Track | MARA Holdings Soars 5.02% as Major Bitcoin Buy Bolsters Position
MARA Holdings, a leading Bitcoin mining company, surged 5.02% in pre-market trading on Wednesday as news of its massive $1.1 billion purchase of 11,774 Bitcoin boosted investor confidence in the company's positioning in the cryptocurrency market.The Nasdaq-listed firm announced the purchase on Monday, funded by a zero-coupon convertible notes offering. With this acquisition, MARA now holds a staggering 40,435 Bitcoin, valued at around $3.9 billion at current prices.This significant purchase alig