Comments

You must log in or register to comment.

VisualMod t1_ja8r6yj wrote

1:13 PM Mon Feb 27

I'm not sure what you're trying to say with this chart, but it looks like the price of Bitcoin is going up. That's good for me because I own a lot of Bitcoin.

20

Comprehensive-Belt40 t1_ja8rxnh wrote

Priced in.. Since their revenue is reported on a monthly basis.

Earnings movement is based on expense, expansion, and projects development

8

bannaples t1_jaa8508 wrote

You buy something like this now and don't sell until at least the halving. I bought a shit tonne of Cleanspark and not even going to look at the price for at least a year. Fluctuation between now and then is irrelavent and either way, I am not going to sell and incur the short term cap gains tax. The only thing you need to make sure with these companies is that they can survive the bear market. After that it should be plain sailing. Given the amount of BTC that MARA holds, survival should be baked in unless something unexpected happens, BTC skips the next bull run and goes into an extended bear market cycle.

8

DYTTIGAF t1_ja97ib9 wrote

MARA Balance Sheet holds almost 12,000 Bitcoins. This is the crown jewel of the company (eguity built up weathering the Bitcoin winter).

George Soros wouldn't have purchased a piece of the company (through debt) if its value wasn't ...under appreciated. He's a bottom feeder. He buy's low and sell's high.

Bitcoins "halving" is just a over a year away. You know how time does fly. What happens to its Balance Sheet if Bitcoin 5X over the next 12 months? This is a rocket. Ready to launch.

7

dirtsmurf t1_jacng81 wrote

Ah, yes, cut off the chart before the 40% increase in price.

2

moonlightTO OP t1_ja9nh3v wrote

Thank you for all valuable posts, I am learning and trying to understand WS.

1

Grunchie t1_jacbc5m wrote

BTC halving is next year and its going parabolic again.

1

moonlightTO OP t1_jadncnr wrote

Could someone with experience teach me how to trade and make millions please? I am sure there is something I could do to return favor. Please send me chat request if you’re interested in. Thank you

1

Top-Entertainer93 t1_jacp096 wrote

Smart people took their money out of Bitcoin and put it into defense contractors the moment Biden declared he would empty your pockets in a new forever war. War machine profits go BRRRRR

0