ColinThorndike
08-05

$Marathon Digital Holdings Inc(MARA)$ MARA is starting off August production very strongly while the other miners are underperforming. MARA produced 10 blocks on 8/1 for 32.5 Bitcoin (includes small Foundry payouts).

While Bitcoin sputters at $62-65K, MicroStrategy’s Michael Saylor is doubling down by raising $2B in financing to buy more Bitcoin. This should help the price. US Gov. and Mt Gox are still holding their Bitcoin. From what I see, the recent Bitcoin dip is caused by selling pressure on all exchanges, in particular, Coinbase and Kraken.

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