CoffeeAndStocks
2024-07-29

$Marathon Digital Holdings Inc(MARA)$ 

Offering is coming?

Saw this on forum. Mara left $256M of unrestricted cash as of 30 June 2024.

But they spent $100M last week to buy more bitcoin and CEO Fred mentioned they are not selling anybitcoin anytime soon.

No sell bitcoin = no income?

They might also need another $138M to pay the lawsuit fine.

Balance cash left will be $18M.

They also had many international expansion.

How do they raise cash to continue operation? 

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Comments

  • LeonTse
    2024-07-29
    LeonTse
    用无限制现金购买无限制比特币,怎么了?他们可以在时机成熟时出售,这就是赚钱的方法
    • CoffeeAndStocks
      上周首席执行官表示,他们不会很快出售。他们正在采取持有策略。
      没有销售=没有收入。
      他们手头的现金快用完了。
  • Gilar3101
    2024-07-30
    Gilar3101

    us

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