With all due respect as a fellow long holder....management cannot be really trusted. I have followed them since they were transitioning from an intellectual property company to btc mining.
Their private placement a while ago through Wainwright of those units that gave each purchaser 500,000 on the vote for increasing authorized shares put the nail in the coffin about whether they can be trusted...they can't, they are going to do what they want. I am significantly long as I am hoping that their self interest will make them pump the stock price.
Short term ups and downs...they matter A LOT here. All the miners have lagged btc, so it's not just MARA. Could be that the fundamental view of the miners is no longer as desirable as we would want....we just don't know.
I am long a lot of MARA as I very much like their hodl position, as I am very bullish on btc. MARA management are a bunch of operators, but I do like how aggressive they can be.
Note: I own other miners ...and also btc + eth.
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