pippenocci

Is this our sign of the end of MARA's pullback?

Long
NASDAQ:MARA   Marathon Digital Holdings, Inc.
Yesterday the press released that the company had purchased $150M in bitcoin after the crypto currency had fallen from record highs over $40M at a price of $31,167.79 per coin. I do believe that MARA's efforts to consider Microstratagy( MSTR ) and there forward-thinking company, who play a huge role as a predecessor in the industry, has served as a major confluence in regards to this decision. This being said, I highly doubt MARA would have pulled this trigger unless we are sure to see the stocks price gain from this point.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.