MARA Holdings (MARA) stock is soaring 5.09% in pre-market trading on Tuesday, as cryptocurrency-related stocks benefit from Bitcoin's surge to a seven-week high. The world's largest cryptocurrency, Bitcoin, has climbed to $89,001, representing a 2.3% increase over the past 24 hours and a 19% rally from its 2025 low in early April.

The surge in MARA Holdings' stock price aligns with a broader uptrend in crypto-related equities. Other notable gainers in the pre-market session include Cipher Mining (up 6%), CleanSpark and Bitfarms (both up 4%), and MicroStrategy (up 3%). This collective rise in crypto stocks comes as investors appear to be viewing Bitcoin as a potential "digital gold" that can perform independently from traditional equities.

Analysts attribute the positive sentiment in the crypto market to several factors. Gerry O'Shea, Head of Global Market Insights at Hashdex, noted that "Bitcoin's performance suggests more investors might be getting comfortable with viewing it as a form of 'digital gold' that can perform independently from equities and act as a risk-off asset during periods of uncertainty." Additionally, the improving U.S. regulatory environment for cryptocurrencies and increasing global liquidity are contributing to the bullish outlook. As the crypto market continues to evolve, MARA Holdings and its peers are likely to remain in focus for investors seeking exposure to this dynamic sector.