MARA, COIN, MSTR, The Inverse is Playing Out
Bitcoin concept stocks $Marathon Digital Holdings Inc(MARA)$ $Coinbase Global, Inc.(COIN)$ $MicroStrategy(MSTR)$ all almost doubled in 20 days in market cap.
In comparison, $MicroStrategy(MSTR)$ has the strongest trend, followed by $Coinbase Global, Inc.(COIN)$ , and then $Marathon Digital Holdings Inc(MARA)$
February 28th is the third time $Mama's Creations Inc.(MAMA)$ has been rejected at the $30 range.
$MARA Earnings Highlight>>
Marathon just announced 1840% higher earnings than expected.
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Q: What is Marathon Digital Holdings Inc(MARA) 2023Q3 Earnings Summary?
https://ir.mara.com/
However, after the financial report data, $Marathon Digital Holdings Inc(MARA)$ fell 6.7% in after-hours trading.
The same day, bitcoin miners stocks see many drops,
According Short volume for the day across of Bitcoin Miners, the rank is as below:
$Marathon Digital Holdings Inc(MARA)$ 58%
$Mawson Infrastructure Group Inc.(MIGI)$ 50%
$Stronghold Digital Mining, Inc.(SDIG)$ 50%
$Bitdeer Technologies Group(BTDR)$ 47%
Reference others below at Finra link
https://cdn.finra.org/equity/regsho/daily/CNMSshvol20240227.txt
The inverse head and shoulders pattern playing out.
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According Short volume for the day across of Bitcoin Miners, the rank is as below:
$Marathon Digital Holdings Inc(MARA)$ 58%
$CleanSpark, Inc.(CLSK)$ 57%
$Bitfarms Ltd.(BITF)$ 52%
$Mawson Infrastructure Group Inc.(MIGI)$ 50%
$Stronghold Digital Mining, Inc.(SDIG)$ 50%
$Bitdeer Technologies Group(BTDR)$ 47%
$Iris Energy Ltd(IREN)$ 40%
$TeraWulf Inc.(WULF)$ 41.%
Reference others below at Finra link
https://cdn.finra.org/equity/regsho/daily/CNMSshvol20240227.txt
The inverse head and shoulders pattern playing out.