MARA Shares Surge In Pre-Market As Bitcoin Miner Aims For 40% Hashrate Growth
Shares of Marathon Digital Holdings Inc. (NASDAQ:MARA) are on the rise in Wednesday’s pre-market trading. This boost follows CEO Fred Thiel’s announcement of the company’s ambitious goal to expand its hashrate by 40% by the end of 2025. The miner has set its sights on achieving 75 exahashes, significantly up from the previous year. With Bitcoin’s value rising, investor interest in Marathon and its growth potential illustrates the demand for mining success amid key industry developments. As market conditions evolve, eyes will be on MARA to see how well it can capitalize on this growth strategy. Will it achieve this goal in a rapidly changing environment?