MARA Holdings drops 7% to 52-week low

MARA Holdings (MARA.US) fell more than 7% during regular trading to a 52-week low of $6.36.

The stock is down 11.17% over the past five sessions and down 29.12% year to date. It sits 64.75% below its 52-week high of US$18.04.

The Nasdaq Composite is down 4.46% over the past five sessions and up 7.64% year to date.

The application software industry index fell 2.9% over the same period.

The company recently deposited 1,000 BTC, valued at $82.8 million, into Binance and Gate, sparking market speculation that the funds may be sold for operating capital.

Based on public media reports. AI-generated; not investment advice.