$MARA Holdings(MARA)$ Worry about Mara not going up, worry more for which country yet to adopt or accept bitcoin. Even Russia want a skin in the game for international trade, will it get bigger when major economy adopt bitcoin as gateway for international transaction.. Thinking hard.
$Marathon Digital Holdings Inc(MARA)$ Seem like institutional investor have confident in the stock at this price for a 0 coupon in the stock appreciation
$Marathon Digital Holdings Inc(MARA)$ Mara has a price to book ratio of 1.69 by standard following microstrategy, it should be trading at least 3-4 times the price now... Election is in play... momentum is not there.
$Marathon Digital Holdings Inc(MARA)$ Mara P/B ratio is only 2.1... looking attractive to hold for good gain if bitcoin rise.. limited downside, Mara will continue to produce bitcoin even if it is good or bad..
$Marathon Digital Holdings Inc(MARA)$ The asset that generate real profit for price appreciation.. not etf when bitcoin price is down or up or just for exposure.. the use of bitcoin will always serve as a fundamental for all other coins in the market.. simple because of the store of value and first mover coin in the market.. as long as bitcoin is accepted as payment and trading.. there will always be a use case for it.. just my 2 cent
$Marathon Digital Holdings Inc(MARA)$ actually Bitcoin miners are the only one generating profit after halving... non of the etf generate returns unless bitcoin rise significantly.. the only skin is just exposure but miners have expenses but still generate positive revenue.. so stock appreciation is better or exposure is better. Just my 2 cent