RE: MARA raise 500m debt15 Nov 2021 20:07
Lotto,
A lot depends on where this bull run takes us, if we go to 150-200k or like what others are saying 450-500k. during a bear run what’s the price normality of btc 60k 70k ? 10k who knows? But bet Mara riot and the others that are scrambling for new machines are making a gamble that is a profitable game even during the bear cycle, to be the largest crypt miner you need machines, statements of intent and market leaders are staking the money to do that.