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MARA stock

Posted on 2/27/24 at 8:07 am
Posted by CajunTiger78
Member since Aug 2017
2528 posts
Posted on 2/27/24 at 8:07 am
This is moving up stronglyrics with BTC and in anticipation of ER. What are your thoughts on what ER will do to the stock price?
Posted by Tshiz
Idaho
Member since Jul 2013
7601 posts
Posted on 2/27/24 at 8:11 am to
If you want to join the bag holders, go for it
Posted by FLObserver
Jacksonville
Member since Nov 2005
14488 posts
Posted on 2/27/24 at 8:21 am to
This stock was my only exposure to bitcoin before the recent etf's. It pretty much follows the up's and downs of bitcoin. I dont really hold it . It's more of a trade thing for me. Been doing this with this stock for last 3 years. It's better than Riot.
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 2/27/24 at 8:33 am to
quote:

What are your thoughts on what ER will do to the stock price?


This stock is beholden to BTC prices. If they rise it will continue to rise. The ER is irrelevant.
This post was edited on 2/27/24 at 8:34 am
Posted by LordSaintly
Member since Dec 2005
38963 posts
Posted on 2/27/24 at 8:59 am to
I agree with slackster. MARA and other miners are tightly coupled with BTC prices, especially right now with the halvening narrative. The ER won't have much effect in the short to medium term.
This post was edited on 2/27/24 at 9:00 am
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