Could not have said it better myself Shadow. WTF? That seems like such a Bonehead play. Sometimes these "smart guys" think they are so smart they out smart themselves. There seems to be a huge error in judgement, in corporate strategy.
I had not looked at the pps of RIOT and MARA for a while. Last time I looked they were trading at around $24 and $18 respectively.
I can tell you right now that my life would be different if HIVE was trading at half the price of either one of those now.
Riot was selling Chinese handcuffs, or involved some other non-profitable activity, then decided hey, let's try this crypto thing what do we have to lose?