Replies to post #13474 on Marathon Digital Holdings Inc (MARA)

[crudeoil24]

Good analysis showing MARA stability: Charlie Schumacher, a spokesperson for Marathon, says the company paid for most of its newer mining rigs “far below the current market rate”—except for last-generation rigs like the 78,000 it ordered in December. He says that Marathon’s “asset-light model,” by which it partners with hosting services rather than building its own infrastructure, protects the company from the issues the industry is experiencing.