Would Mara be top pick in crypto stock？
if I had to choose a crypto stock to throw a party with, would Mara be top pick？No.
MARA basically consists of a couple businesses, mining and hosting, plus a bunch of bitcoin (sort of like a bitcoin hedge fun). The businesses lost money even though we’re in a very favorable environment: That’s terrible.
The “hedge fund” part of the operation reported a profit because bitcoin prices are up. Investors would be way better off just holding bitcoin or a bitcoin fund rather than paying a massive premium for two terribly performing businesses.
Going to be a lot of pressure by the Shorts to bring Mara Down, hopefully there will be a lot of strength keeping it Up?
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