Marathon Digital Holdings Inc (MARA)

[postyle]

It might have added weakness to some patent names today, because the market in general is uninformed when it comes to this niche asset class and responds to noise.

From what I have read of GOOG's endeavor, it is nothing more than a patent marketplace that is going to be open for only a mere two weeks. After the 2 weeks has passed, it may never be live again.

I see it as a chance for GOOG to buy patents on the cheap. Very opportunistic of them. As it stands now, small patent owners are teaming with other entities (such as IPNav - MARA, Intellectual Ventures, WILN's Gladios, or any of a number of other profiteers) to monetize their patents. Whether it is netbooks, domain names, or wireless cell service, Google has shown a willingness to enter just about any marketplace where it thinks it can turn a profit or gain a competitive advantage. Patent buying might be slightly different than other endeavors - as theoretically some of the patents it could acquire would have otherwise been asserted against them or their partners - but to me it's just another outlet for GOOG to invest some of its resources for financial or strategic gains.