How MARA Holdings Stock Gained 16% Last Month
Shares of MARA Holdings (NASDAQ: MARA) rose 16.3% in April 2025, according to data from S&P Global Market Intelligence. The cryptocurrency mining and digital asset management specialist benefited from a rising Bitcoin (CRYPTO: BTC) price, which made MARA's assets more valuable.
MARA Holdings had 47,531 Bitcoins on its balance sheet at the end of March. 30 days later, the Bitcoin balance stood at 48,237 digital coins. The dollar-based value of MARA's coins soared from $3.91 billion to $4.55 billion last month, accounting for Bitcoin's higher price and MARA's Bitcoin mining results. That's a 16.1% increase, roughly in line with MARA's stock price gains.
The company wasn't resting on its digital laurels, of course. MARA doubled the electric power service from 50 to 100 megawatts (MW) at its Ohio data center. It also installed 12,000 Bitcoin mining machines in that location and activated 25 MW of power production in Texas and North Dakota.
Source Fool.com
