Bitcoin Mining Stock MARA Holdings Is Ripping Higher Wednesday: What's Going On?

MARA Holdings Inc. (NASDAQ:MARA) shares are trading higher Wednesday, potentially driven by Bitcoin's (CRYPTO: BTC) continued price surge. Here’s what you need to know.

What To Know: Bitcoin has gained about 125% so far this year. Several crypto-related stocks are moving higher Wednesday after Bitcoin briefly hit all-time highs. Bitcoin was up about 1.1% over a 24-hour period, trading around $94,100 at last check.

Optimism around President-elect Donald Trump's incoming administration has also boosted sentiment. Trump has said he would establish a strategic Bitcoin reserve upon his return to the White House.

Speaking at Benzinga's Fintech Deal Day on ...

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