MARA Holdings Inc. saw its stock decline by 6.57% to $11.10 as Bitcoin's price fell below $90,000, leading to over $538 million in liquidations. Despite a 92% increase in year-over-year revenue and holding 52,850 Bitcoin, analysts have reduced their price targets for the company. The adjustments reflect concerns over an uncertain short-term outlook and slowing hash rate growth, with MARA's substantial Bitcoin holdings contributing to increased market volatility during the crypto downturn.