Drops to $6.43, Breaking Below Its Prior Year Low by 4.5%
As seen on the 24/7 Wall St. homepage on November 2, 2026.
At $6.43, the biggest listed bitcoin miner is now 4.46% under its February low and worth just $2.5 billion. That undercuts every price the stock has traded at in the past year.
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The $6.43 close undercuts the previous annual bottom set on February 5, 2026, and breaking beneath that floor signals sellers have not finished their work.
Shares started the period near $17.81 and have shed more than half that value, leaving no comparable support level intact within the past year's trading history.
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The company's market value has compressed to $2.5 billion, a deflation for the largest publicly listed bitcoin miner whose fortunes are tightly coupled to bitcoin's price and mining economics.
With the prior annual low now broken, the stock is in technically uncharted territory for this cycle. Investors who had been treating that February level as a potential floor now have no equivalent reference point within the past year's price history to lean on.
Sources
Mentioned: MARA