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⚙️ Marathon Digital Holdings appoints two new independent directors to its board of directors

Marathon Digital Holdings (MARA), one of the largest publicly listed Bitcoin mining companies, announced the appointment of Craig Hart and Nancy Novak as new independent directors to its board. This appointment is intended to strengthen the company’s expertise in areas including energy infrastructure, energy investment, and data center development to support its future growth plans.

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📊 Impact: 📈 High
🏷️ OTHER

#MarathonDigital #MARA #BitcoinMining #CorporateGovernance #EnergyInfrastructure

📰 Source: globenewswire.com

📊 $MARA Daily Update | Aug 29, 2026

Marathon Digital Holdings tokenized stock is trading at $10.72, down -6.13% over the past 24 hours, pulling back from an intraday high of $11.44.

📉 Key Stats (24H):
• Price: $10.72
• Change: -$0.70 (-6.13%)
• 24H High / Low: $11.44 / $10.55
• 24H Volume: 43,632 MARA (~$473K USDT)

🗞️ Market Narrative:
Saturday's session sees $MARA under pressure as broader crypto markets digest a risk-off weekend. Bitcoin's consolidation below key levels is weighing on mining-adjacent names. Marathon's tokenized stock mirrors the traditional equity sentiment — weakness in BTC hash-rate economics and elevated energy cost concerns are keeping sellers active heading into the weekend close. Traders are watching whether $10.55 holds as near-term support before any attempt at recovery.

📐 Key Levels:
Support:
• S1: $10.55 — Today's intraday low; a break below opens the door to $9.80
• S2: $9.80 — Prior consolidation zone and psychological round number

Resistance:
• R1: $11.44 — Today's high; reclaiming this would signal recovery momentum
• R2: $12.20 — Weekly supply zone; bulls need a catalyst to push through

⚠️ Main Risk:
BTC price correlation remains the dominant risk driver. A further crypto sell-off or negative macro surprise (Fed commentary, ETF outflow data) over the weekend could accelerate the drawdown below S1. Liquidity is thinner on weekends, amplifying moves in both directions.

🗳️ What's your $MARA outlook for the week ahead?

A) 📈 Bullish — expects recovery above $11.44
B) 📉 Bearish — further downside toward $9.80
C) 🔄 Neutral — sideways consolidation between $10.55–$11.44

#MARA #MarathonDigital #TokenizedStocks #CryptoTrading #BinanceSquare

💰 Marathon CEO believes Bitcoin lost its chance as a payment method

Fred Thiel, CEO of Marathon Digital, said that Bitcoin has fallen back from its role as a means of payment, shifting the focus toward stablecoins and artificial intelligence. This change is pushing companies to reassess their mining and investment strategies to keep up with new market developments.

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📊 Impact: 📈 High
🏷️ BITCOIN

#Bitcoin #Payments #Stablecoins #MarathonDigital #CryptoNews

📰 Source: cryptobriefing.com