MARA Stock Jumps 10.36% as Bitcoin Surges Past $90,000
- Stock Recovery: MARA's stock surged 10.36% on the first trading day of 2026, closing at $9.91 after hitting an intraday high of $9.99, reflecting market confidence driven by rising Bitcoin prices and indicating the company's potential for recovery in the cryptocurrency sector.
- Business Transformation: The company is shifting focus from pure mining to energy and data centers, with plans for a 400 MW power project in West Texas, which not only enhances its competitive edge in cryptocurrency mining but also supports high-performance computing, thereby broadening its business scope.
- Strategic Acquisition: MARA is set to close its acquisition of Exaion, a data center operator, in January 2026, which will bolster its capabilities in AI and high-performance computing, further diversifying its business model and enhancing long-term growth potential.
- Bitcoin Investment: In December, MARA expanded its Bitcoin holdings by nearly $1 billion, with the CEO confirming a disciplined monthly purchasing strategy, demonstrating confidence in the Bitcoin market while investors await the Q4 earnings report scheduled for February 25, 2026.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00937 | 0.0149 | 0.0201 | 0.0256 | 0.0308 | 0.0363 | 0.0415 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
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