$Marathon Digital Holdings Inc

…MARA hit $31 on nothing but the hope that the Bitcoin ETFs would move Bitcoin pricing much higher. But that did not happen. Bitcoin keeps on giving up gains, now below $40k. Remember that MARA was hovering around $ 7-8 before Bitcoin ran higher. Now Bitcoin is going back to pre-ETF levels so why would MARA not go back to where their crazy run started?

I say that MARA will head back to the start of this run, right back to $7.00-$8.00. And the halving will double MARAs mining cost. No way to make up for that dramatic change in cost structure. How often do you hear a business thriving when their costs double overnight?. So unless Bitcoin goes dramatically higher, MARA has a long way to go…down

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":266538379313328,"tweetId":"266538379313328","gmtCreate":1706104794023,"gmtModify":1706105673718,"author":{"id":9000000000000365,"authorId":9000000000000365,"authorIdStr":"9000000000000365","name":"VernaFred","avatar":"https://static.tigerbbs.com/1b8f06bdf3b254213f7dd33924e6d72b","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":12,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body> <a data-mention-id=\"MARA\" class=\"teditor-mention\" data-mention-name=\"Marathon Digital Holdings Inc\" href=\"https://ttm.financial/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a> <v-v data-views=\"0\"></v-v>…MARA hit $31 on nothing but the hope that the Bitcoin ETFs would move Bitcoin pricing much higher. But that did not happen. Bitcoin keeps on giving up gains, now below $40k. Remember that MARA was hovering around $ 7-8 before Bitcoin ran higher. Now Bitcoin is going back to pre-ETF levels so why would MARA not go back to where their crazy run started? I say that MARA will head back to the start of this run, right back to $7.00-$8.00. And the halving will double MARAs mining cost. No way to make up for that dramatic change in cost structure. How often do you hear a business thriving when their costs double overnight?. So unless Bitcoin goes dramatically higher, MARA has a long way to go…down</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"MARA\" class=\"teditor-mention\" data-mention-name=\"Marathon Digital Holdings Inc\" href=\"https://ttm.financial/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a> <v-v data-views=\"0\"></v-v>…MARA hit $31 on nothing but the hope that the Bitcoin ETFs would move Bitcoin pricing much higher. But that did not happen. Bitcoin keeps on giving up gains, now below $40k. Remember that MARA was hovering around $ 7-8 before Bitcoin ran higher. Now Bitcoin is going back to pre-ETF levels so why would MARA not go back to where their crazy run started? I say that MARA will head back to the start of this run, right back to $7.00-$8.00. And the halving will double MARAs mining cost. No way to make up for that dramatic change in cost structure. How often do you hear a business thriving when their costs double overnight?. So unless Bitcoin goes dramatically higher, MARA has a long way to go…down</body></html>","text":"$Marathon Digital Holdings Inc(MARA)$ …MARA hit $31 on nothing but the hope that the Bitcoin ETFs would move Bitcoin pricing much higher. But that did not happen. Bitcoin keeps on giving up gains, now below $40k. Remember that MARA was hovering around $ 7-8 before Bitcoin ran higher. Now Bitcoin is going back to pre-ETF levels so why would MARA not go back to where their crazy run started? I say that MARA will head back to the start of this run, right back to $7.00-$8.00. And the halving will double MARAs mining cost. No way to make up for that dramatic change in cost structure. How often do you hear a business thriving when their costs double overnight?. So unless Bitcoin goes dramatically higher, MARA has a long way to go…down","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/266538379313328","repostId":0,"isVote":1,"tweetType":1,"viewCount":1162,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["MARA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":607,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/266538379313328"}