MARA Holdings (MARA) Stock: Bitcoin Miner Powers Through Crypto Volatility
TLDR
- J.P. Morgan raised MARA’s price target from $18 to $19 while keeping a neutral rating based on Q1 results and bitcoin data updates
- MARA achieved 54.3 exahashes per second in Q1 2025, marking a 95% year-over-year increase in mining capacity
- The company reduced its cost per petahash by 25% while growing revenue 30% to $213.9 million in Q1
- Stock closed at $15.03 on June 27, down 1.57% for the day but up 4.96% over a five-day period
- Trading volume reached 39.6 million shares, slightly below the average of 43.7 million shares
MARA Holdings closed at $15.03 on June 27, down $0.24 or 1.57% for the trading session. After-hours trading saw the stock slip another $0.04 to $14.99.
The stock traded between $14.85 and $15.50…
