$Marathon Digital Holdings Inc

$Marathon Digital Holdings Inc(MARA)$ My take:

I think the hedge fund trade is to go long on BTC and short miners. That's why our short position is so high, and why our SP is unreasonably low.

When BTC goes up, HFs will cover their short on miners, make money on their short and recover on BTC, as it goes up.

So, I don't expect a decent surge in SP, until BTC jumps up.

MARA's short position is almost at 30% (2.29 days to cover). The Institutional Investor position is at 55%.

Where will the volume come from for shorts to cover? Where will the shares come from? They have borrowed 30% of the float and Institutions hold 55%. That leaves 15% to cover 30%.

As far as volume is concerned, the short interest ratio should be around 5 (days to cover). I don't really know how strong an indicator that is, because it is hard to tell where the volume is coming from.

We could be in for a Short Squeeze, if Institutions decide to buy more the closer we get to the run.

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":343629529763856,"tweetId":"343629529763856","gmtCreate":1724915488525,"gmtModify":1724915494160,"author":{"id":3479274776688173,"idStr":"3479274776688173","authorId":3479274776688173,"authorIdStr":"3479274776688173","name":"HiTALK","avatar":"https://static.tigerbbs.com/8c0eb7ae4762306c23ef3a30fb831746","vip":8,"userType":8,"introduction":"运营账号","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":44,"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> My take:I think the hedge fund trade is to go long on BTC and short miners. That's why our short position is so high, and why our SP is unreasonably low. When BTC goes up, HFs will cover their short on miners, make money on their short and recover on BTC, as it goes up. So, I don't expect a decent surge in SP, until BTC jumps up. MARA's short position is almost at 30% (2.29 days to cover). The Institutional Investor position is at 55%. Where will the volume come from for shorts to cover? Where will the shares come from? They have borrowed 30% of the float and Institutions hold 55%. That leaves 15% to cover 30%.As far as volume is concerned, the short interest ratio should be around 5 (days to cover). I don't really know how strong an indicator that is, because it is hard to tell where the volume is coming from. We could be in for a Short Squeeze, if Institutions decide to buy more the closer we get to the run.</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> My take:I think the hedge fund trade is to go long on BTC and short miners. That's why our short position is so high, and why our SP is unreasonably low. When BTC goes up, HFs will cover their short on miners, make money on their short and recover on BTC, as it goes up. So, I don't expect a decent surge in SP, until BTC jumps up. MARA's short position is almost at 30% (2.29 days to cover). The Institutional Investor position is at 55%. Where will the volume come from for shorts to cover? Where will the shares come from? They have borrowed 30% of the float and Institutions hold 55%. That leaves 15% to cover 30%.As far as volume is concerned, the short interest ratio should be around 5 (days to cover). I don't really know how strong an indicator that is, because it is hard to tell where the volume is coming from. We could be in for a Short Squeeze, if Institutions decide to buy more the closer we get to the run.</body></html>","text":"$Marathon Digital Holdings Inc(MARA)$ My take: I think the hedge fund trade is to go long on BTC and short miners. That's why our short position is so high, and why our SP is unreasonably low. When BTC goes up, HFs will cover their short on miners, make money on their short and recover on BTC, as it goes up. So, I don't expect a decent surge in SP, until BTC jumps up. MARA's short position is almost at 30% (2.29 days to cover). The Institutional Investor position is at 55%. Where will the volume come from for shorts to cover? Where will the shares come from? They have borrowed 30% of the float and Institutions hold 55%. That leaves 15% to cover 30%. As far as volume is concerned, the short interest ratio should be around 5 (days to cover). I don't really know how strong an indicator that is, because it is hard to tell where the volume is coming from. We could be in for a Short Squeeze, if Institutions decide to buy more the closer we get to the run.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/343629529763856","repostId":0,"isVote":1,"tweetType":1,"viewCount":160,"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,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":780,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/343629529763856"}