Marathon Digital Holdings Inc (MARA)

[Ringrock]

Produced 475 BTC in December 2022 and 1,562 BTC in Q4 2022
Produced 4,144 BTC in fiscal year 2022, a 30% increase from 3,197 BTC produced in fiscal year 2021
As of January 1, operating mining fleet consisted of approximately 69,000 active miners, capable of producing approximately 7.0 EH/s
2.1 EH/s is currently pending energization after 1,000 S19 XPs were installed in December
Depending on Applied Digital’s energization timeline, the Company expects to have between 12.0 EH/s and 15.0 EH/s online by March 31, 2023
Reduced revolver borrowings from $30 million as of November 30 to $0 as of December 31, 2022
Unrestricted bitcoin holdings on December 31, 2022 were approximately 7,815 BTC with a fair market value of approximately $129.3 million
Total bitcoin holdings increased to 12,232 BTC as of December 31, 2022
Unrestricted cash on hand was approximately $103.7 million at December 31, 2022

[tapioca]

Mara blows in the direction of BTC,
so tough to say. Won’t get my hopes up too high yet.

[Ringrock]

Chart looks ready to press the issue… the big if is can hold, and slosh around for a bit at a new higher base… been accumulating 3.15-3.37…

[tapioca]

That’s a big IF. But let’s s hope..))

[Ringrock]

If she can push through resistance @17, and hold above, we oughta get one hell of a squeeze!

[tapioca]

MARA basically shadows what BTC is
doing, it’s green right now, so Mara follows. Slightly red yesterday and so on…

[Liam859]

Lovely $MARA $3.55 needs a makeover

[Ringrock]

3.42

[tapioca]

Pretty small gap, lol.

[Ringrock]

Gotta at least fill the gap… ;)

[tapioca]

Green for now but under pressure and
BTC red again…

[tapioca]

~~~

[Ringrock]

49 million shares short 44.25%! Wow

[Ringrock]

Looking good

[tw0122]

Run on Tuesday in at 3.44

[tapioca]

Yea, it’s been pretty stagnant in
the 16ks. Nice to see a green day
here finally.. it’s a crapshoot..

[Ringrock]

Could get a good squeeze if the bitcoin can push through 17 again…

[tapioca]

Looks like sub 3 possible this week

[tapioca]

They have plenty of cash on hand.

[Dutch4]

How are they paying the bills??

[tapioca]

BTC is unstable and still under
pressure. No telling where it’s going, and so goes MARA.

[Ringrock]

Bought some here, oversold!… will add more if she breaks 2’s

[tapioca]

New 52wk lows every week.

[Viewmont]

Watching/adding!

[tapioca]

LOL.. what a board. Happy Holidays.

[Katloose]

You’re dumb

[llcoolm11]

Bitcoin likely will fall further to 10 to 13k area.
I think the bottom will be in that range.
Once I see the bottom, I will go in full force.
I was going to add in the last day or two but I don't like the price action I'm seeing in bitcoin.
It looks like big money is methodically taking bitcoin down to 10 to 13k area and I will not buy Mara until bitcoin price stabilizes.

[tapioca]

That’s contrary to what you said in a recent post, but whatever.
I’m actually ok with it dropping further for picking up cheaper shares, most likely under $3 ..

[llcoolm11]

Big money seems intent in taking Bitcoin down to 10 to 13k area but they are doing it meticulously and not so obvious way.
Will buy MARA but not until Bitcoin is down to these levels.

[Katloose]

Trash

[tapioca]

I have to go to Schwab to get an accurate quote on MARA…Etrade seems to be stuck on yesterday’s trading..weird..

[tapioca]

Hmmm, not the red open I expected.

[Junno1616]

~ $MARA ~ Inverse head and shoulders pattern. Moving AH. Loaded the boat. #Beingfirstmatters

[tapioca]

Some volume now, buyers stepping in.

[tapioca]

Will be interesting to see if bitcoin gets down that low,
in 10,000 area, I'll believe it when I see it, but for now
I couldn't risk not being in this. This is my second time round with
MARA, if it drops lower from here, I'll be ready.

[llcoolm11]

Looks like they are intent in taking Bitcoin down to the 10 to 13k area
I'm going to be on the sidelines until Bitcoin price finds its bottom.
Shorts have been having a field day not just in Bitcoin but in the entire stock market.
I am going in full force when Bitcoin hits 10 to 13k area and when Mara 1 year return is -92 to -95% which is not that far away IMO.

[Ringrock]

Insiders buying…

[tapioca]

Predictions for the week?

[llcoolm11]

I am buying next day or two and will continue to buy periodically until end of Q1, 2023.
This is a chance of a lifetime to get rich IMO.

[tapioca]

Well it’s a party here under $4. Let’s
hope we’re close to the bottom, but if not I’ve got some more dry powder.
This could definitely be a great opportunity

[FunkyT]

Me too 3.80

[Ringrock]

Likewise… grabbed a few @3.77

[tapioca]

Yea but can we at least get a
dead cat bounce?? Lol

[FunkyT]

Great opportunity at the levels. This is when people get rich. By the MF Dip

[tapioca]

I’ll probably regret picking up some shares under $4, but just couldn’t resist..

[tapioca]

New 52 wk low, 4.17 PM, can this
actually see 3’s? Wow

[TruckingAngler]

Tomorrow 12/16 is Quadruple Witch Friday so should make MARA current short interest very interesting…

“The four types of derivatives expiring on quadruple witching are:
- Stock index futures contracts
- Single-stock options
- Options on stock-index futures
- Stock index options”

GLTA

[tapioca]

Hit 52wk low at 4.35, this industry is really
taking a beating. Looks like a good deal
here, but I'm still waiting.

[slyguy8888]

They have a huge bank on this and coin

[Katloose]

Prob just kill myself soon