Trytosaveabit OP : Marathon Digital Holdings: Proceeds to Be Used Primarily to Acquire Bitcoin and Repurchase Existing Convertible Notes Due 2026

10baggerbamm : so here's a question for you.. many companies are now following what microstrategy revolutionized.. they're adding Bitcoin to their balance sheet as a result of selling debt offerings that are convertible to common stock.
if Mara is going to use this offering to pay off a senior note which is smart retire a note that's callable at a higher interest rate replace it with a lower interest rate that's common sense. just like saying you have a credit card at 20% interest and you can roll it to another credit card at 10% interest you would do that no one would dispute that.
question is if they're going to be acquiring Bitcoin and holding on to it, your primary business is a Bitcoin mining company meaning they find it and then sell it.
if they are no longer going to be selling Bitcoin how will they have any revenues?
so think about that for a moment and how would you value the company if their revenues decline precipitously going forward because they're choosing to hold Bitcoin and not sell it

152294896 : ZENA AI SOLAR DRONE PARENT COMPANY MILITARY CONTRACTS owns multiple billion dollars company's around the world

152294896 : ZENA ZENA ZENA

Alifffilm : Possible , if bitcoin retest at 100k. Mara can go to 80.

102573212 OP Alifffilm : I’m happy with just $46. Hehe