Today’s News, Forecasts, and What Analysts Are Watching (Dec. 16, 2025)

Dec. 16, 2025 — Shares of MARA Holdings, Inc. (NASDAQ: MARA) are in focus this morning after a sharp crypto-led pullback across “Bitcoin beta” equities. MARA closed Monday at $10.70, down 7.12%, after trading as low as $10.58 on heavy volume—an outsized move even by crypto-miner standards. [1]

The immediate driver has been the underlying asset: Bitcoin slid below $86,000 during Monday’s selloff, dragging miners, exchanges, and other crypto-exposed names lower. [2] But the bigger storyline for MARA investors right now is not just price action—it’s the growing debate over how index providers should treat companies with large digital-asset balances, and what that could mean for passive-fund ownership and volatility into 2026.

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