On March 24, Bitcoin (BTC) led what appears to be a revival of the cryptocurrency market after weeks of turbulence and stagnation. Specifically, on Monday, BTC rose 2.46% to a press-time price of $88.142.
The rally was an extension of a larger increase than it began on Sunday, March 23rd, kicking off the world’s best cryptocurrency with a hand-changed turn of hands for around $84,000.
The choice of blockchain companies has been making even more epic moves due to the excitement of the digital asset market and its major stock market expansion.
Of these, Mara Holdings Inc. (NASDAQ: MARA) has proven amongst the best-performing stocks in the first few hours after the morning bell rang. By press time on March 24th, Mara shares had won 12.28% in Monday’s session (almost six times BTC), changing hands at $13.90.
Why Marastock is rising today
Looking at recent developments in miners, it appears that the chief, perhaps the only driver, has been rising in the cryptocurrency market in the past 24 hours.
With a 6.93% increase to 325.08 in the March 24 session, we can also observe the strength of the tailwind in Bitcoin, other stocks that are most linked to Strategy (NASDAQ:MSTR).
Still, Mara shares her leadership in Monday’s dealings, likely a result of a mix of other long-standing factors. To begin with, there is miners’ fairness, especially in the aftermath of half of April 2024.
Mara Holdings stock itself has fallen 33.39% over the last 12 months, at 18.91% in the red since 2025 began.
This pricing situation, combined with relatively consistently strong revenues (which broke Wall Street forecasts in three of the last four reports), created a situation in which Mara Equity was clearly undervalued and seemed ready to take advantage of the Bitcoin Rally.
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