MARA Holdings Stock Jumps 5% as Bitcoin Breaks Above $85,000
- —MARA stock rose 5% to about $13.90 as Bitcoin topped $85,000
- —The stock gained 8.3% on Friday on analyst coverage
- —H.C. Wainwright initiated coverage with Buy and a $20 target
- —Morgan Stanley and J.P. Morgan keep $11 targets with a cautious view
Why it matters: MARA's rally shows crypto equities amplifying Bitcoin moves, while miners' pivot to AI infrastructure becomes a new valuation driver.
Source: CoinCentral