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MARA Stock Rallies on High-Performance Computing Pivot

Guavy AI Editorial Team
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MARA Holdings Inc.'s stock price has been on a rollercoaster ride, jumping by 4.69% in recent trading following upbeat sentiment from its latest growth-focused announcement.

The company's pivot away from Bitcoin mining and toward high-performance computing via a joint venture with Starwood has sparked cautious optimism among investors.

Morgan Stanley raised its price target for MARA to $6, tied to specific execution milestones such as at least one HPC lease deal and two site leases via the Starwood JV by year-end.

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