NasdaqCM:MARASoftware
MARA Holdings (MARA) Valuation Check As Bitcoin Sales Replace Equity Funding And Sector Energy Risks Grow
MARA’s funding shift and sector pressure
MARA Holdings (MARA) has halted use of its at the market equity program and has instead chosen to cover recent operating needs by selling part of its more than 52,000 Bitcoin treasury.
This funding switch is playing out while investors weigh broader concerns about the war in Iran, rising crude prices above US$100 a barrel, and what higher energy costs could mean for Bitcoin miners’ profitability.
See our latest analysis for MARA Holdings.
At a share...