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WhichWayToday

03/27/21 12:49 PM

#4382 RE: chestnut42 #4381

How many shares outstanding with MARA ? Riot has 68 million as far as I know. MARA bought $150 million worth of Bitcoin when it was around $31,000 so explains their holdings. Riot bought more machines that are arriving monthly but Mara will eventually have more on line after this year ends unless Riot buys more. That is the problem these days though. Too much demand and little supply of miners so they cost more. Chip shortages on top of that !

I think it is good to own both Riot and Mara if you think BTC is going higher or even staying put. Mining levels in both companies will increase although Mara a bit delayed as I see it.