$Marathon Digital Holdings Inc(MARA)$
Bitcoin will probably rise but MARA needs to show they can make a profit mining it. If bitcoin continues to rise maybe Mara can show a consistent profit mining it. But until then anyone who owns bitcoin can reap the same percentage gains as Mara’s holdings. MARA has crapped all over investors through dilution, people are unhappy with FF’s tricks and unpleasant surprises. With all that said there is still a way for Mara if they stop diluting the sp and show a consistent profit from their mining operations. The part that makes me most mad with Mara is when they float more shares it doesn’t necessarily hurt the overall market cap of the company but it negatively impacts each share holders investment because each share they hold is worth less.
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