MARA Holdings Shares Slide As Bitcoin Falls And Spot Bitcoin ETFs See Outflows

MARA Holdings Inc (NASDAQ: MARA) shares fell 9.67% to $7.75 as Bitcoin prices dropped approximately 3.3% to around $66,400, negatively impacting the company's mining revenue and investor sentiment. The decline in Bitcoin coincided with $171.12 million in outflows from spot Bitcoin ETFs, indicating reduced institutional demand amid macroeconomic concerns. This combination of factors is contributing to a risk-off mood in the crypto market, further pressuring MARA's stock.