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@CoffeeAndStocks
$Marathon Digital Holdings Inc(MARA)$ 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?
$Marathon Digital Holdings Inc(MARA)$ 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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