MARA Stock Gains 2.3%, Lags Mining Sector with Bitcoin Below $78,000

FORT LAUDERDALE, Florida, September 3, 2026, 06:00 EDT —

• MARA Holdings, Inc. NASDAQ:MARA finished Wednesday at $10.47, a rise of 2.35%. The stock last changed hands at $10.46 as of 05:54:58 EDT on Thursday.
• At 05:54:45 EDT, Bitcoin was priced at $77,609.98, putting the estimated value of MARA’s June bitcoin holdings at $2.76 billion.
• Revenue in the second quarter declined by 27%, and the cost of purchased energy per bitcoin increased 14.7% to $38,690.

MARA gained 2.35% on Wednesday, though the increase trailed behind three leading rivals in bitcoin mining. Trading volume reached approximately 29.95 million shares, Yahoo Finance data showed.

The difference is significant. MARA provides substantial bitcoin exposure, but investors also face risks related to power, debt and execution.

At 05:54:45 EDT, Bitcoin gained 0.39% from its previous close. The price stayed under $78,000 while traders considered risks related to regulation and interest rates. CoinDesk reported $236 million in outflows from spot bitcoin ETFs.

The stock stayed 11.5% lower than its August 25 closing price. On Wednesday, trading volume reached only 53.5% of MARA’s 10-day average.

Riot Platforms, Inc. NASDAQ:RIOT rose 4.75%. CleanSpark, Inc. NASDAQ:CLSK increased 2.44%. IREN Limited NASDAQ:IREN surged 7.55%.