MARA Holdings (MARA) Soars 7.9% as Crypto Stakeholders Work on 1-Million Bitcoin Purchase

Group 1 - MARA Holdings Inc. (NASDAQ:MARA) experienced a significant share price increase of 7.94% on Tuesday, closing at $17.53, driven by investor interest ahead of a Bitcoin roundtable discussion [1][3] - The roundtable, hosted by Sen. Cynthia Lummis and Rep. Nick Begich, included MARA's CEO Fred Thiel and other key crypto industry executives, focusing on a strategy for the U.S. to acquire 1 million Bitcoins for its reserves over the next five years [2][3] - MARA Holdings reported a production of 705 Bitcoins in August, an increase from 703 in July, and operated at a hash rate of 59.4 EH/s, up from 58.9 EH/s [4] Group 2 - The price of Bitcoin rose by 1.27% to $116,886.20 at the time of reporting, indicating a positive market sentiment [4] - The Bitcoin Act, introduced by Lummis in March, aims to enhance national crypto holdings, building on a previous executive order by President Donald Trump [3]