We recently published a list of Bitcoin Miners Dominate Tuesday’s 10 Best-Performing Stocks. In this article, we are going to take a look at where MARA Holdings Inc. (NASDAQ:MARA) stands against other Tuesday’s best-performing stocks.
The stock market bounced back on Tuesday, erasing losses in the previous day, as investors snapped up shares on news that the US-China trade tensions could possibly subside.
The Dow Jones rallied by 2.66 percent, the S&P 500 rose by 2.51 percent, and the Nasdaq surged by 2.71 percent.
On Tuesday, news reports said that US Treasury Secretary Scott Bessent believed there would be a de-escalation between the US and China, describing future negotiations as a slog that has not started yet. The news buoyed trading in several financial markets, including cryptocurrency, with Bitcoin jumping 5 percent to trade above the $91,000 level.
The rally spilled over into 10 companies, predominantly Bitcoin miners. In this article, we have listed the 10 top-performing firms on Tuesday and detailed the reasons behind their gains.
To come up with the list, we considered only the stocks with more than $1 billion in market capitalization and $5 million in trading volume.
An aerial view of a bustling financial district, with skyscrapers and a large financial institution in the city center.
MARA Holdings Inc. (NASDAQ:MARA)
MARA Holdings saw its share prices increase by 14.40 percent on Tuesday to close at $14.06 each as investors snapped up shares in Bitcoin miners following the cryptocurrency asset’s 5 percent surge.
As of this writing, Bitcoin attracted investor interest, hovering at the $91,000 level, amid volatility in the stock market and the weakening of the US dollar.
MARA is currently one of the largest Bitcoin hoarders, with more than 44,000 Bitcoins in its inventory.
Last month, the company announced plans to raise $2 billion from a new round of share sale, with proceeds to be used for funding more Bitcoin purchases. The aggressive expansion was in line with its plans to bolster its position in the cryptocurrency market, following a strategy similar to that employed by Michael Saylor, the executive chair of Strategy Inc., formerly MicroStrategy.
In a notable commitment to its Bitcoin strategy, CEO Fred Thiel previously declared that the company would not sell any of the Bitcoin it mines, opting instead for a “full HODL” approach while continuing to acquire more cryptocurrency for reserves.
Overall, MARA ranks 5th on our list of Tuesday’s best-performing stocks. While we acknowledge the potential of MARA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than MARA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
