MARA Holdings, Inc. (NASDAQ:MARA) shares are moving higher Wednesday after Bitcoin (CRYPTO: BTC) prices climbed to the highest levels since July.
What To Know: Bitcoin surged to three-month highs on Wednesday, driving strength in crypto markets and crypto-related stocks. Bitcoin miner MARA Holdings is gaining alongside Bitcoin and other mining stocks including Riot Platforms, Inc.(NASDAQ:RIOT) and CleanSpark, Inc. (NASDAQ:CLSK).
Bitcoin ETFs saw a significant surge in inflows on Monday. Single-day net inflows of $555.8 million to start the week marked the highest activity since July. Bitcoin prices also reflect their highest levels since July as of Wednesday.
After the market close on Tuesday, MARA announced that it secured access to a $200 million line of credit, …
Full story available on Benzinga.com