$Marathon Digital Holdings Inc(MARA)$ I am confused why they rushed to buy BTC at 59k per coin with the 300million$ they raised

Why wouldn’t they DCA that 300$ million

It’s almost as if they were betting on it to skyrocket and they lost

Now what? They said they were gonna HODL their BTC so does that mean that they will have to raise more $ to keep their business going? I don’t see any other way,

Meaning this is gonna continue to fall until BTC does eventually double. I mean how many more months can they dilute and let the stock fall? They better release a plan or something soon cuz things don’t look good at all

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

Comment

  • Top
  • Latest
empty
No comments yet