Those who longs MARA has two camps:
1) Watching Bitcoin daily price movement ... and value MARA that way
2) Understanding Bitcoin long term value and MARA holding of bitcoin value and further expansion
So far, the second camp wins, because look a bit longer, two years down the road, MARA may very well have 40000 bitcoins in holding worth $4 billion or even $8 billion, which is $80 per share right there.
Then on top of that, they have this mining business which could be worth $8 billion.
Long term big picture, $150 in two years.
Short term, you can trade in and out. But bitcoins upward moves can be violent, it is sleeping now.
But over some holiday weekend, easily can jump a few thousand dollars. All indications are the set up now is for a holiday run towards 70K mark.
Once that barrier is breached, the first quarter of 2022, BTC could attach $100K.
Taproot and other further improvements will keep bitcoin's dominant position, by the way.$Marathon Digital Holdings Inc(MARA)$
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