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Despite Bitcoin falling 2.83%, Marathon Digital Holdings (MARA) stock price still rose 6%, as investors seem to have priced in the company's strategic shift towards artificial intelligence and high-performance computing. This move was driven by the company's $168 million acquisition of a 64% stake in Exaion and the formation of a joint venture with MPLX LP to develop large-scale power and data center parks in Texas, marking the company's gradual move away from pure Bitcoin mining and toward business diversification.