$Marathon Digital Holdings Inc(MARA)$
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?
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