Crypto Miners and Fintech Stocks See Mixed Earnings Results

Crypto-related equities are exhibiting volatility in pre-market trading, reflecting the varying earnings performances of key players in the space.

MARA Holdings stands out for its substantial increase, rising by 16% after announcing a partnership with Starwood Capital to repurpose select bitcoin mining facilities into AI-focused data centers. This strategic pivot is part of a broader trend among miners aiming to capitalize on the growing demand for AI compute resources.

TerraWulf's shares have taken a hit, dropping 3.5%, following its Q4 earnings report, which revealed lower revenue due to reduced bitcoin production and adjustments in accounting practices. However, executives underscored the growth in contracted high-performance computing revenue as a key area of focus.