Subscribed. This is the best FACTUAL analysis I've seen regarding the disaster known as MARA. None of the other "analysts" I've seen have gone to this extent to educate the vulnerable investors. Thanks very much for your post.
The S-3 shelf offering was for $1.5B. That equates to around 50-60m shares sold at $30 all the way down to $20 and $25. So at this point, the selling is likely to be mostly done. We may go down a bit further to $20 region, touch the trend line and then we should reverse.
Watch other video’s or read the SEC S-3 forms yourself they have filed last year October $750M worth this time $1.5B worth of shares time to time shelf.
Riot is doing the same. Just remember, after the halving, they have to work twice as hard to be as profitable. So they are liquating stock to fund post halving
thy for the detailed explanation, i was wondering what the hell is going on while both btc and the btc related companies (like Microstrategy) are rallying.. :(
if you wanna trade proxy for BTC you need to trade etfs like BITO, (MSTR insiders are dumping as well) Miners sell their BTC to fund the business needs.
well at least selling pressure is over for now. they sold most of it. if BTC move to 80-90-100k this can clear those selling pressure levels if not then chop and slow downtrend
The 267 million share count has been there all week not since yesterday double check the data, this dillution will be used for growth which is absolutely necessary in this sector with the halving less than 40 days away this is good in the long run not pleasant but good
@@ExtrinsicTrades Fred Thiel has been saying over a year now that they are prepared to M&A acquisitions post halving of struggling miners there facilities energy contracts and possibly machines, all of which will be accretive to shareholders and sustain cheap agressive growth which is rewarded in this sector I am perfectly fine with this dillution as this keeps them in the number 1 spot and positioned for every possible situation post halving not all miners will make it and MARA will be there to acquire the struggling ones once this is all said and done, MARA & CLSK are the only two miners I am invested in since beginning of last year and they will be the winners this cycle
Ok watched it - still it’s not 25% dilution as you mentioned. Anyways, the CEO is preparing us for the halving. Fred Thiel has a plan to either to directly buy BITCOIN to hodl or buy miners who will go out of business next month. Buying now is an early Easter gift
They not going to sale 1,5 billion shares tomorrow - it’s going to be accretive to the business and Fred will sale ATM when he sees opportunities fit@@ExtrinsicTrades
lol bro did you watch the video, they sold more than half of it already 45 milling share change in outstanding shares, do the math at 25 26 27 28 29$ a share 45mil shares already more than a billion $$$
Can stock fight thru those levels 25, 27, 29, 31? Absolutely! question is when, how soon?!
They done this leading up to the halving. Just hold tight. It will rebound. Then cash out an stay away
Subscribed. This is the best FACTUAL analysis I've seen regarding the disaster known as MARA. None of the other "analysts" I've seen have gone to this extent to educate the vulnerable investors. Thanks very much for your post.
The S-3 shelf offering was for $1.5B. That equates to around 50-60m shares sold at $30 all the way down to $20 and $25. So at this point, the selling is likely to be mostly done. We may go down a bit further to $20 region, touch the trend line and then we should reverse.
Thank you for this. I subscribed. Where do you see it through the halving?
How may shares did the SEC approve they can sell/dump?
Watch other video’s or read the SEC S-3 forms yourself they have filed last year October $750M worth this time $1.5B worth of shares time to time shelf.
Riot is doing the same. Just remember, after the halving, they have to work twice as hard to be as profitable. So they are liquating stock to fund post halving
thy for the detailed explanation, i was wondering what the hell is going on while both btc and the btc related companies (like Microstrategy) are rallying.. :(
if you wanna trade proxy for BTC you need to trade etfs like BITO, (MSTR insiders are dumping as well) Miners sell their BTC to fund the business needs.
Fair enough, they dumped on us for sure, but if this is MARA specific, why the hell is my Clean Spark doing the same thing 🙃🙃🙃🙃
Extremely good explanation. Thank you.
Think it can get back up to 30?
URL to see that website?
SEC
They also used that money to buy 2 other mining sites.
I bought recently 6000 usd and I'm down 10%, i dont know if I should DCA or just sell it before it goes down even lower.
well at least selling pressure is over for now. they sold most of it. if BTC move to 80-90-100k this can clear those selling pressure levels if not then chop and slow downtrend
The 267 million share count has been there all week not since yesterday double check the data, this dillution will be used for growth which is absolutely necessary in this sector with the halving less than 40 days away this is good in the long run not pleasant but good
😂go read S-3!
@@ExtrinsicTrades Fred Thiel has been saying over a year now that they are prepared to M&A acquisitions post halving of struggling miners there facilities energy contracts and possibly machines, all of which will be accretive to shareholders and sustain cheap agressive growth which is rewarded in this sector I am perfectly fine with this dillution as this keeps them in the number 1 spot and positioned for every possible situation post halving not all miners will make it and MARA will be there to acquire the struggling ones once this is all said and done, MARA & CLSK are the only two miners I am invested in since beginning of last year and they will be the winners this cycle
Down 25% on my huge position! Is management stupid? First dumping there btc and after dump shares on us? I should have went with cleanspark 🤦🏻♂️
Ok watched it - still it’s not 25% dilution as you mentioned. Anyways, the CEO is preparing us for the halving. Fred Thiel has a plan to either to directly buy BITCOIN to hodl or buy miners who will go out of business next month.
Buying now is an early Easter gift
estimating, right here it's 20% but they have more shares to dump when stock moves higher in the future.
They not going to sale 1,5 billion shares tomorrow - it’s going to be accretive to the business and Fred will sale ATM when he sees opportunities fit@@ExtrinsicTrades
lol bro did you watch the video, they sold more than half of it already 45 milling share change in outstanding shares, do the math at 25 26 27 28 29$ a share 45mil shares already more than a billion $$$
Yeah my bad - I am sure we will hear about a deal being made in the coming weeks / months from the proceeds@@ExtrinsicTrades
Shouldn't invest MARA stock. When bitcoin up people dumping, when bitcoin down, it drops he'll. Either way it will drop. 😑
Dumped on us forsure
Will they dump
More shares? Or are they done for now?
they dumped $1B+ worth already(imo)
there's still some bearish momentum, atleast from my indicators. less strong but still there
I hadn't finished the comment when I wrote that comment, but I would also say around 20 dollar, dont buy higher than that for now
Sell the darn thing
Do you even know what a "Shelf offering" is lol
yes, stealing your slice of pizza before even delivering it to you