Marathon Digital Holdings Inc (MARA)

[yanquitrader]

Agreed that this wasn't a definitive response to our sinking share price. That said, it was an incredibly generous gesture - at today's prices, that was Doug giving up $200,000 of his own money to reduce shareholder dilution while we wait for results to spur the stock price. He didn't have to do that - and I, for one, want to take note that he is leading by saying "none of us get rich unless we all get rich together".

It will not, however, be seen as the type of response that will convince investors to jump in. It's actually the reverse message of that given by insider buying. It could be seen by some as an indication that there is nothing coming in the short term that will spur the stock price significantly.

So yes, we need something bold from insiders - or the Company - pretty soon. Here's hoping that the Q3 call has some surprises up its sleeve. I have the feeling that earnings won't be one of them....

~ yanqui