$Marathon Digital Holdings Inc(MARA)$ 

Offering is coming?

Saw this on forum. Mara left $256M of unrestricted cash as of 30 June 2024.

But they spent $100M last week to buy more bitcoin and CEO Fred mentioned they are not selling anybitcoin anytime soon.

No sell bitcoin = no income?

They might also need another $138M to pay the lawsuit fine.

Balance cash left will be $18M.

They also had many international expansion.

How do they raise cash to continue operation? 

# 💰 Stocks to watch today?(08 Nov)

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.

Report

Comment3

  • Top
  • Latest
  • LeonTse
    ·07-29
    Buys unrestricted bitcoin with unrestricted cash, what's wrong? they can sell when time is right, that's how to make money
    Reply
    Report
    Fold Replies
    • CoffeeAndStocks
      Last week CEO said they are not selling anytime soon. They are doing the hold strategy.
      No sell = no income.
      Their cash on hand is running out.
      07-30
      Reply
      Report
  • Gilar3101
    ·07-30

    us

    Reply
    Report