Why MARA Stock Price Surged 10%?

MARA stock rose 10.36% on the first trading day of the year. The shares closed at $9.91 after hitting an intraday high of $9.99. The move followed a broad rally across crypto markets and came without any company-specific announcement.

Bitcoin Rally Reignites MARA Stock After 52-Week Low

The breakthrough of MARA came after a weak moment. It was a 52-week low which the stock had just reached, and then reversed with the broader market. The trading activity also got more active, including increased participation in the crypto rally.

However, the addional catalyst scheduled is earnings. The Q4 results of MARA are to be expected on February 25, 2026. No other planned events appear in the investor calendar of the company.

The progress of Bitcoin gave the firsthand support. As of press time, the largest cryptocurrency is up by over 1% and is trading around $90,000. Meanwhile, the overall crypto market capitalization grew by nearly 0.86% to more than $3 trillion.

Bitcoin strength is important to mining companies. The price of Bitcoin mined through mining is a key determinant of revenue. Costs on the other hand are largely fixed by way of electricity contracts and investments in equipment.

Due to this arrangement, mining stock tends to increase the fluctuation of Bitcoin. Margins are able to grow rapidly when the price increases. As prices drop, the tightening of profitability can occur with equal speed.

MARA Shifts Beyond Mining Into Power and Data Centers

The company has worked to expand its business profile. MARA has anchored some of its strategy in generation of power and data center development. These will be used to facilitate Bitcoin mining as well as other compute-intensive applications.

In November, MARA announced an agreement with MPLX. This agreement is intended to stabilize the supply of natural gas to the intended power generation facilities and data center campuses in West Texas. The preliminary capacity will be approximately 400 megawatts.

Bitcoin mining firm MARA has also discussed the way its classification by market indexes takes place. In December, the company responded in a letter to MSCI by stating that it is not a digital asset treasury. It referred to the 1.8 gigawatts of power potential and 18 data centres in 4 continents as of Sept. 30, 2025.

The company also reported an impending transaction. In January 2026, MARA anticipates closing its majority stake acquisition of Exaion data center operator of AI and high-performance computers.

MARA, a publicly listed Bitcoin miner, has added to its holdings of Bitcoin to a large degree in the month of December through its purchases adding up to close to $1 billion . The CEO Fred Thiel stated that he is optimistic about the future of Bitcoin and proposed a disciplined strategy of monthly investment.