MIAMI, August 22, 2026, 09:55 EDT
After surging 22% alongside Bitcoin, MARA reverses course with a $466 million loss on Friday
MARA Holdings, Inc. NASDAQ:MARA saw its stock surge 22% over the week before sharply reversing course on Friday. Shares hit a high of $12.465 before finishing the session at $11.26, wiping out roughly $466 million in intraday market…
TechStock²
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Aug 22, 2026 at 1:57 PM UTC · 3 min de lectura
Entities
bitcoin
Market Impact
BTC-0.52%$76,980
Last Updated
hace 15 minutos
- MARA rose 22.4% during the week, nearly matching Bitcoin’s 24.4% increase.
- About $466 million was wiped out as shares fell from $12.465 to $11.26 on Friday.
- Trading volume hit 101.1 million shares, more than double its three-month average at 2.20 times.
- Bitcoin was priced at $77,134 as of 09:41 EDT on Saturday, marking a 1.5% decrease from its Friday close.
MARA Holdings, Inc. NASDAQ:MARA saw its stock surge 22% over the week before sharply reversing course on Friday. Shares hit a high of $12.465 before finishing the session at $11.26, wiping out roughly $466 million in intraday market capitalisation.
The turnaround is significant as Bitcoin posted its best week in over two years. MARA’s advance was close to that of the cryptocurrency but was unable to maintain Friday’s rally. High trading volumes indicate notable profit-taking rather than a gradual decline.
| Week ended August 21 | August 14 close | August 21 close | Weekly move |
|---|---|---|---|
| MARA Holdings NASDAQ:MARA | $9.20 | $11.26 | +22.4% |
| Bitcoin | $62,976 | $78,335 | +24.4% |
| Riot Platforms NASDAQ:RIOT | $19.015 | $19.83 | +4.3% |
| CleanSpark NASDAQ:CLSK | $12.09 | $11.98 | -0.9% |
| Cipher Digital NASDAQ:CIFR | $17.855 | $15.765 | -11.7% |
| TeraWulf NASDAQ:WULF | $17.38 | $15.64 | -10.0% |
MARA stood out as the top-performing listed miner. The company’s market value rose by approximately $796 million over the week. The rally in Bitcoin supported the gain, with MARA’s focus on energy and AI providing further upside potential.
| Friday trading gauge | Reading | Investor signal |
|---|---|---|
| Previous close | $11.15 | Baseline |
| Session high | $12.465 | +11.8% |
| Closing price | $11.26 | +1.0% |
| High-to-close move | -$1.205 | -9.7% |
| Volume | 101.1 million | 2.20× three-month average |
Bitcoin closed Friday at $78,335 after briefly surpassing $79,000 earlier in the session. The rally was fueled by ETF inflows, Treasury buyback plans, and moves in crypto legislation.
Market Context
Bitcoin
BTC
$76,980
-0.52% (24H)
Market Cap
$1.55T
24H Volume
$36.0B
24H High
$78,800
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