Marathon Digital Holdings Inc (MARA)

[onewhoknows2much]

usedtotrade,

Appreciate your thoughts. While much of this is speculation as to what the future could hold, what is interesting to note is that if they eventually did reach those type of revenues as you mention, they would literally be dropping 40-50% of it straight to the bottom line.

The low opex and huge earnings leverage is the key, I've never seen a company better able to deliver huge eps growth upon success.

Croxall mentioned this before, they can aggressively scale their business absent any real material change in their SG&A. Maybe they add an additional accountant or admin person, but their employee count will stay relatively consistent even as they scale to higher revenues.

In addition, I still believe lots of valuable assets are going to find their ways to those companies who are left standing in the space, Marathon being one of few.

I think Croxall's goal, along with Spangenberg, is to build the most dominant company in the space. Based on progress to date, I won't be surprised in the least if and when they do precisely that.