Stock Market Today: MARA Gains on Bitcoin Revenue Milestone

Group 1 - MARA Holdings (NASDAQ: MARA) experienced a 4.8% increase in stock price, closing at $15.93, with trading volume significantly above its three-month average, indicating strong investor interest in cryptocurrency-related stocks [1][2] - The broader market also saw gains, with the S&P 500 rising 0.3% to 6,512.61 and the Nasdaq Composite increasing 0.4% to 21,879.49 [1] - Other cryptocurrency stocks also performed well, with Riot Platforms (NASDAQ: RIOT) increasing by 13.2% to $15.21 and Terawulf Inc (NASDAQ: WULF) climbing 12% to $10.30, reflecting sector momentum [2] Group 2 - MARA's quarterly results from July showed a 64% year-over-year revenue increase to $238.5 million, with net income reaching $808.2 million, highlighting the benefits of a strong Bitcoin market [2] - The rapid price surge of MARA's stock illustrates the volatility of the cryptocurrency market, as earnings are closely tied to Bitcoin valuations, suggesting a need for caution among investors [3]