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Marathon Digital Holdings (MARA) recently changed its name (it was Marathon Patent Group). They've also switched up their methods, they now mine and hold Bitcoin (BTC).
It's a tough one to analyze as all of their gains are unrealized, meaning that they have no real revenue or profit figures, but that doesn't mean it isn't a good investment. As valuations increase, their balance sheet will appear better and better.
The key difference between buying this and straight-up buying bitcoin is that you're believing in their ability to continuously scale-up and mine more Bitcoin. But be careful, you don't always know what's going on with these and you're also heavily reliant on the Crypto Market.
By HQLAMarathon Digital Holdings (MARA) recently changed its name (it was Marathon Patent Group). They've also switched up their methods, they now mine and hold Bitcoin (BTC).
It's a tough one to analyze as all of their gains are unrealized, meaning that they have no real revenue or profit figures, but that doesn't mean it isn't a good investment. As valuations increase, their balance sheet will appear better and better.
The key difference between buying this and straight-up buying bitcoin is that you're believing in their ability to continuously scale-up and mine more Bitcoin. But be careful, you don't always know what's going on with these and you're also heavily reliant on the Crypto Market.