Replies to post #6976 on Marathon Digital Holdings Inc (MARA)

[redbullpapi]

I believe they are doing that as well. Doug/Erich would not be using much needed cash to repurchase shares if they were then unable to actually perform what the business is meant to do. I have a feeling there have already been steps taken to alleviate these concerns and now management/board is looking at the unbelievable risk/reward play they have available with where the SP currently sits. It essentially kills two birds with one stone: add shareholder value/build confidence and repurchase shares at a bargain of a price.

[patentminer2013]

This move sends a clear message to the investment community:

1) The company is in a strong financial position
2) We believe we are a very good investment and our current assets are worth way more than the stocks current valuation


I am sure it will come up at tomorrows presentation.