Marathon Digital Holdings Inc (MARA)

[$Green$]

Bitcoin below 61700 again, if you haven’t sold this yet then you know what time it is!

[Lokotony]

ZERO reason to be downgraded, BUT, being downgraded. I traded one target (RIOT) for another target! Now everyone will say, you need to go to BITO

[dale1953]

MARA trades 24 hours a day, 5 days a week on Robinhood. You can Google Robinhood- MARA and see how it’s trading whenever you want. I believe MARA missed on its revenue number and that’s why it dumped after the earnings report came out. They have spent a lot of money on all their new tech stack, plus 1 of their major sites has been having problems these past 2 months.

[Moonboy1]

So it falls? Interesting concept how the market works these days

[Going_4_It]

MARA trades in the pre-market and post-market sessions.

Being a stock it follows the stock market stats, but also follows Bitcoin price.

If Bitcoin goes up over night then MARA will often open UP.

Based on how CORZ responded on earnings release earlier today I think we might see $24/share on MARA in the pre-market session tomorrow.

[$Green$]

MARA is trading 24/7 now?

[ababoom]

Isn’t that really good I’m lost lol

[Moonboy1]

So earnings sucked as usual?

[$Green$]

Dumped

[Going_4_It]

Earning are out and lots of after hours activity.

Revenues Increase 223% to a Record $165.2 Million.
Net Income Increases 184% to a Record $337.2 Million, or $1.26 per Diluted Share.
Adjusted EBITDA Increases 266% to a Record $528.8 Million.

[Going_4_It]

Good point! That is a very good sign of confidence.

On the MARA stock page at my broker it says that earnings come out today. But I don't see any PR verifying the release.

Anyway, Marathon has has some power problems that curtailed their production. I am very interested to see if they have overcome those problems and have beat CORZ on Bitcoin mining production. Marathon should be #1 in this game.

[ababoom]

Insiders did not buy for no reason….

[$Green$]

It was a good run

[Going_4_It]

Earnings are due to come out today after the close. There might be some positive action tomorrow,

Core Scientific published their earnings yesterday after the close and they are up about 10% today.

Of course, everything to do with the miners depends on the price of Bitcoin. And secondarily on the stock market action.

[Moonboy1]

Looking more like 15 and sell the news. Already ran up

[Going_4_It]

I agree with your split prediction.

They have had power problems lately which would seem to point ti a lower price. However, there is so much untapped potential in Marathon that I believe the price can go a lot higher. Maybe as high as $100/share by year end, depending on what Bitcoin does.

I have sold covered Call options against my MARA position exercisable at $26. I sold them for 23 cents and they are worth a nickle today. They expire EOD tomorrow. So I hope the share price does not go too high in the short term. However, If it goes to $15 I will certainly be tapping my margin borrowing power and picking up a few more shares.

Based on the previous post-halving price history Bitcoin should be trending sideways until about the end of June.

Good Luck to All Longs.

[$Green$]

Looks like it’s gonna be $15 or $25 after ER tomorrow

[Going_4_It]

If I had to venture a guess I would think that is Short Covering.

The current short position about 52,500,000 or about 19.24%, which is down 22.21% from previous month.

Current outstanding shares is 272,900,000. The Market capitalization is $5.6 Billion. Today's trading volume is 88,752,933.

Incidentally, MARA is holding 17,381 Bitcoin, worth about $1.1 Billion at today's price.

So, suppose BTC doubles in price to $120K. It seems obvious that the price is going to go up at some point based on Supply v. Demand.

[$Green$]

Massive block buys eod here

[Going_4_It]

A whole flurry of SEC Form4's filed yesterday for exercise of insider incentive stock options..

That means the insiders are putting up money to buy their shares. That shows confidence.

[Lokotony]

Need BTC to move.....during the market day!!!!!! Weekend moves always screw the miners!!

[$Green$]

Let’s gooooo!

[$Green$]

Let’s go $25

[Lokotony]

DONE, averaged up, but out of RIOT and see MARA going way up for earnings! But, at the least, does way better and gets attacked was less than RIOT

[Lokotony]

Got in last week during the low....and 15% today.....so wish I'd have cashed out my (targeted) Riot money and moved it over!!!!

[TheKid5]

Run BITTY run

[InspectorBullit]

It's tough to see how anyone can beat MARA in the mining space.
I'm also in IREN, BITF, WULF, CORZ, COIN and MSTR. They should all do well if bitcoin really takes off in the fall. But MARA will hit $100+ if bitcoin hits 150K.

[Tony5885]

Now is looking very good and will grow more next weaks!

[$Green$]

This doesn’t look good

[TaperT2]

Theres a few other to get say DD on , i like
Sebastian, YouTube and he on X , Invest Answers , Talkin investing ALL cover Miners, i jump around ~ Eat the Fish spit out the Bones

[dale1953]

That site is run by Anthony Powers, who is paid by a lot of the mining companies. Since Marathon is not 1 of his sponsors, his views towards MARA are usually not that great. If you click on that link then you will see a list of the companies that he says trust his analysis. Marathon is not on the list.

[Going_4_It]

Here is a good place to get information about Bitcoin Mining stocks:

https://www.powermininganalysis.com/

Good Luck.

[Going_4_It]

In your opinion, who is manipulating the stock and how are they doing it?

[$Green$]

Earnings could change that. Depends on the print

[lakes]

I have been holding shares for over 2 years and always think that one day they will let it run...my mistake. These MFers will never let it run. This is the most blatantly manipulated stock I have ever owned.

[Going_4_It]

I have 800 shares of MARA. I am selling covered call options every few weeks and have been making a nice cash flow for over a year. I would like to buy more shares of MARA because they have the largest HODL of bitcoin at more than 16,000. At the current price their BTC holdings are worth about $4.50 of the share price. That can only increase in value in the coming months. Because of the Halving some smaller Bitcoin Miners may be forced out of business. So MARA is well positioned to pickup some distressed properties, data centers and machines, at bargain prices. Good Luck to all share holders.

[$Green$]

Yes. Back to $30 we go now

[dale1953]

Are you using this message board to have a conversation with yourself? Bitcoin is very volatile and it seems to be affecting your mind. Your posts make no sense.

[$Green$]

Yup that’s exactly what happened today lol

[$Green$]

This is like herding sheep, they can make retail buy or sell this at literally any price lol

[TaperT2]

Yeah Where

[$Green$]

New scam Bitcoin leads the market down, then pumps due to fake safe haven from the market, then leads the market back up

[$Green$]

No one wanted this for $14 when Bitcoin was rising, but now that it’s time for Bitcoin to crash let’s all fight over $18 shares lololol

[$Green$]

Wake up to BTC $50k tomorrow?

[$Green$]

Bitcoin network is all screwed it’s gonna collapse soon watch

[$Green$]

So juicy. Prob will overshoot to the downside as well

[$Green$]

Get out today

[$Green$]

Boom just collapsed

[$Green$]

Barely worth $15 with BTC $60k+. Short!

[nickypicky]

Looking good now Moonboy.