The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Agree GI,
Being under 10 EH interested me and the scope of machines that aren't going to be profitable after the halving. It really is an industry in the brown stuff and like Fred said 60 k BTC is giving the inferior miners their last gasp !
Hey Lotto I don't think you're far off.
On October 24, 2023, we commenced a new at-the-market offering program (the “2023 ATM”) with H.C. Wainwright & Co., LLC, acting as sales agent (“Wainwright”), pursuant to an at-the-market offering agreement (the “ATM Agreement”), under which we may offer and sell shares of our common stock from time to time through the sales agent having an aggregate offering price of up to $750.0 million. As of December 31, 2023, we sold 19,591,561 shares of common stock under the 2023 ATM for an aggregate purchase price of $248.1 million, net of commissions and expenses. Subsequent to December 31, 2023, we sold additional shares of common stock under the 2023 ATM such that the aggregate offering price of shares sold under the 2023 ATM is approximately $750.0 million. In February 2024, we intend to commence a new at-the-market offering program with Wainwright acting as sales agent (the “2024 ATM”) pursuant to the ATM Agreement, under which we may offer and sell shares of our common stock from time to time through Wainwright having an aggregate offering price of up to $1.5 billion.
Not good imo just reading the SEC filing now and Mara is up to 267 million shares issued up to February 1st 2024. Roll on 65k BTC tomorrow to eradicate this short term downtrend.
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/0001507605/000162828024007680/mara-20231231.htm
GLA
Https://twitter.com/penny_ether/status/1761959234663481837/photo/1
Rough cigarette pack calculations on Argos/brewsters millions.
160 million usd for Helios sold 8 months later for 65 million ish
140 million usd for 20,000 miners, then sold 7000 ish in the box for 25% of the original price.
10 million usd for Texas scrubland
Various rubbish investments in mining pools and pluto.....so you have about 250 million to chew through just on that.
It must really get your goat Hexam that the mining youtubers still have wonky calculators x;) or is it an agenda lol.......I stopped with James ages ago think he did some weird calculation on the miners positions and made mara the worst x;)
Whats the top of this bull market ?
answers on a postcard..........
280k BTC is my dumping point.
Tomorrows earnings and we find out if Fred is with the longs or the shorts, I definitely wouldnt wanna be out of Mara until i see that x
This could be in the 40's by Friday.
Keep the faith, looking down the barrel in the crypto game and genuinely feeling frightened is when the biggest mistakes are made imo. When I get sacred I go back and look at the fundamentals........... I will keep adding because I believe its laughably undervalued...... this Company has so many legitimate future sources of income and growth that aren't factored in at all.
If im wrong im wrong, so be it thats the calculated gamble i take but the markets keep getting the crypto market very wrong x;)
GLA
I think anyone involved in Crypto in the UK should be in GST in some sort of way.
I think that everybody that owns GST right now are shaking their head at this price, I am.
Buy more !
Looking good and getting better, it’s hard not to roar in delight at these prices but then we are near to 55k and mara still can’t break 30 x;) I’m looking forward to that being broke, could be a very hard and fast breakout here, hopefully hodling to 42, let’s see how the bottle plays out !
GLA
The best accounting of miners ive ever seen, this person has ripped apart CLSK and RIOT im looking forward to the deep breakdown of Mara earnings by this handle this week and a bit apprehensive about it lol.
These metrics are gold standard stuff and will be implemented by the miners one day instead of their misleading metrics.
Lets hope for a great week......for everybody here....GLA
https://twitter.com/penny_ether
You're looking to trade them ? I wont be telling you anything you wont know and i do keep most of my eyes on the prize in Mara these days and even that is hard to keep up with lately. RSI is a great indicator (usually) and knowing what you can own and their surprises and strengths. Will always have a soft spot for BITF, they got me out of the 5hit in Argo 2021 and doubled in weeks and gave me the funding to do the Argo short. Since April 2022 it's reversal on btc hodl and aggressive growth outside of North America , has worked out for them better than most. Hive and the hodl but i really havent looked into them for months and they seem to be quiet and WULF seem to have a problem with publishing its btc cost price on its website being completely different in its accounts. The other 4 I have a little knowledge of but nothing insightful tbh.
Nice MB, who knows where the miners all end up, CLSK definitely joins Mara at the big boys table now......but still we play the game of BTC moons miners fly's, btc falls miners collapse.............Next weeks earnings makes mara a great long play for a short amount of time, and then i reckon come back in the halving, whateevr happens its gonna be exciting.....who knows....even dags might cheer up with his forever hodl x;)
KAS imo is going to a dollar in the next 12 months, 3-5 if God has a humour x;) the way hash is growing on the network, the machines the pools the insiders in on it....I'm stunned the big miners arent mining KAS, mining machines were making 250 bucks a day last August, machines were going for 30 sterling now about 9, currently I could plug one in the UK and its crazy high leccy prices and still make 40/50 quid plus daily profit easily. 2/3/4 cents in a data centre and kaching........ the same rampers/ youtubers etc that bigged up BTC and mining 10 years ago are all over this one. I cant endorse it enough! 63k in and accumulating daily. This will be a big win imho.
GL.