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Crypto

MARA Holdings Skyrockets on Bitcoin Surge, Trump's Crypto Push

Guavy AI Editorial Team
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BTC
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MARA Holdings Inc., a digital asset treasury company, saw its stock soar by 15.5% to $11.15 on Thursday as Bitcoin continued its upward trajectory past $72,000 and toward $75,000.

The rally was fueled by renewed optimism in the crypto sector following a White House summit hosted by President Donald Trump, where he urged lawmakers to advance the Clarity Act to establish regulatory clarity between the SEC and CFTC for crypto oversight.

MARA holds 35,577 BTC on its balance sheet, making it a leveraged proxy for Bitcoin price movements. The company's stock acted as a high-beta vehicle for spot Bitcoin, driving immediate net asset value expansion across its balance sheet.

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