Movement Alert|MARA Holdings rise 5.31% in Pre-Market Trading, Q3 Profit Beat and $500 Million Buyback Support Sentiment

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Yesterday

On November 11, MARA Holdings rose 5.31% in Pre-Market Trading, trading at $7.71, with turnover of $4.732 million.

The move follows the company’s latest quarterly release showing EPS of $1.28, far better than expectations for a loss, alongside authorization of a stock repurchase program of up to $500 million.

Revenue was $164.2 million, below consensus estimates, but net income reached about $634 million, largely helped by fair-value gains on digital assets. The company also said it would continue selling bitcoin to raise cash for AI infrastructure investment, debt management and potential repurchases. At quarter-end, it held 34,012 bitcoin and $946.5 million in cash, reinforcing the market’s focus on capital allocation and its AI infrastructure pivot.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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