$Marathon Digital Holdings Inc(MARA)$ Luck Infusion seems to be very close as revenue.
Assuming there are no surprises, we should be about breakeven and positive before Interest, Interest, Depreciation and Taxes
Bitcoin went from 16,556 as of January 1st to 28,454 so there should not be much, if any, write downs in the holdings of Bitcoins. In fact, they should be able to recapture some of the prior write downs, even though I believe this will not show in the Income Statement
The interesting part will be the Bitcoin sold. What purchase price are they using for this? If they are using the original purchase price of $31,150 when they borrowed money to buy 150 Million in Bitcoin, we will see a loss on these sales. If they can use the price of Bitcoin that they received during the month for sales purchase, then we might now much of any gains or losses on these sales.
The key to watch out for is any negative surprises that we have not accounted for.
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