$Marathon Digital Holdings Inc

$Marathon Digital Holdings Inc(MARA)$ I am confused why they rushed to buy BTC at 59k per coin with the 300million$ they raised

Why wouldn’t they DCA that 300$ million

It’s almost as if they were betting on it to skyrocket and they lost

Now what? They said they were gonna HODL their BTC so does that mean that they will have to raise more $ to keep their business going? I don’t see any other way,

Meaning this is gonna continue to fall until BTC does eventually double. I mean how many more months can they dilute and let the stock fall? They better release a plan or something soon cuz things don’t look good at all

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