$Marathon Digital Holdings Inc(MARA)$ 

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?(25 Nov)

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  • 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
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    • 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
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  • Gilar3101
    ·07-30

    us

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