Replies to post #5938 on Marathon Digital Holdings Inc (MARA)

[onewhoknows2much]

Marasprint,

You make a good point and the company appears to agree.

The post transaction structure slide on page 14 of their deck appears to indicate the new name will be Marathon Group SA.

http://ir.marathonpg.com/presentations

Regarding institutional interest, the most recent update available shows 8 to 2 buying lead by Royce who was up to 622k shares while Vanguard added to their position.

I think your thoughts logical in that the combination eventually should make the company far more appealing to institutions as they come to learn more and better understand the transaction. Previous lack of scale was surely an issue that precluded some from investing to date. It's hard to imagine at least a few of them not eventually coming to figure out that with the Marathon Group combo, you get 101 trials in the next two years, a company that generated $93.6 million pro forma combined licensing revenue over last 30 months of operations (unaudited) and $37.5 million pro forma combined licensing revenue over trailing twelve months of operations (unaudited) with 119 defendants and a possible 150 more.

If they can execute, it seems very feasible that Mara Group could far eclipse Acacia from a profits standpoint next year considering it's much lower opex and now improved higher gross margins.

Institutional interest as of last available report for reference.

Ownership Analysis
# Of Holders / Shares

Total Shares Held
23 / 1,140,412
New Positions
8 / 749,653
Increased Positions
10 / 781,471
Decreased Positions
9 / 162,693
Holders With Activity
19 / 944,164
Sold Out Positions
5 / 143,551


ROYCE & ASSOCIATES LLC
622,430 622,430 100.00 $1,815,628 0.01 4.43 06/30/15
VANGUARD GROUP INC
156,093 21,952 16.36 $455,323 0.00 1.11 06/30/15
FORTRESS INVESTMENT GROUP LLC
134,409 0 0.00 $392,071 0.01 0.96 06/30/15
RENAISSANCE TECHNOLOGIES LLC
68,500 68,500 100.00 $199,815 0.00 0.49 06/30/15
DEUTSCHE BANK AG\
49,269 49,269 100.00 $143,718 0.00 0.35 06/30/15
GEODE CAPITAL MANAGEMENT, LLC
44,662 0 0.00 $130,279 0.00 0.32 06/30/15
IPG INVESTMENT ADVISORS LLC
17,800 (15,200) -46.06 $51,923 0.02 0.13 06/30/15
TOWER RESEARCH CAPITAL LLC (TRC)
14,099 9,866 233.07 $41,127 0.00 0.10 06/30/15
NORTHERN TRUST CORP
10,804 (1,942) -15.24 $31,515 0.00 0.08 06/30/15
MORGAN STANLEY
7,192 (1,300) -15.31 $20,979 0.00 0.05 06/30/15
GROUP ONE TRADING, L.P.
5,499 5,499 100.00 $16,041 0.00 0.04 06/30/15
AMERICAN INTERNATIONAL GROUP INC
2,700 (700) -20.59 $7,876 0.00 0.02 06/30/15
BLACKROCK INVESTMENT MANAGEMENT, LLC
2,026 2,026 100.00 $5,910 0.00 0.01 06/30/15
NORTH STAR INVESTMENT MANAGEMENT CORP.
2,000 0 0.00 $5,834 0.00 0.01 06/30/15
SIMPLEX TRADING, LLC
1,709 1,709 100.00 $4,985 0.00 0.01 06/30/15
METLIFE SECURITIES, INC
1,000 0 0.00 $2,917 0.00 0.01 06/30/15
GROUND SWELL CAPITAL, LLC
134 134 100.00 $391 0.00 0.00 09/30/14
CITIGROUP INC
86 86 100.00 $251 0.00 0.00 06/30/15
CREATIVE PLANNING
0 (200) -100.00 $0 0.00 0.00 06/30/15
UBS GROUP AG
0 (4,297) -100.00 $0 0.00 0.00 06/30/15
FOLIOMETRIX LLC
0 (10,600) -100.00 $0 0.00 0.00 06/30/15
NAVELLIER & ASSOCIATES INC
0 (12,400) -100.00 $0 0.00 0.00 06/30/15
COE CAPITAL MANAGEMENT, LLC
0 (116,054) -100.00 $0 0.00 0.00 06/30/15