Why MARA Stock Is Swinging Again as Bitcoin Rebounds and Its AI Data Center Pivot Faces Scrutiny
MARA Holdings shares rose to $8.91 Monday as bitcoin climbed 4.5% to $70,929. Investors remain divided over MARA’s plan to shift from bitcoin mining to AI data centers, raising questions about future bitcoin sales. The company ended 2025 with $5.3 billion in cash and bitcoin, but reported a $1.7 billion net loss for the fourth quarter. MARA recently acquired a stake in Exaion and launched a data center venture with Starwood.