(USD) | Dec 2023 | Q/Q |
---|---|---|
Revenue | -173MM | -277% |
Gross Profit | - | - |
Cost Of Revenue | - | - |
Operating Income | 256.6MM | -1742% |
Operating Expenses | -245.9MM | -80473% |
Net Income | 223.4MM | - |
G&A | 39.3MM | +95% |
Compensation | - | - |
Professional Service | - | - |
Amortization | - | - |
Interest Expense | 1.2MM | -52% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Companies that unlock new bitcoins are revamping their businesses to depend less on the cryptocurrency ahead of a supply contraction that will cut profits in half. The crypto industry is holding its breath for an event called the halving, an adjustment to the bitcoin blockchain that cuts in half the number of bitcoins that can be unlocked by miners. Bitcoin’s supply was capped at 21 million by its pseudonymous creator Satoshi Nakamoto, and more than 90% have already been released.
Fort Lauderdale, FL, April 15, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem, today announced the appointment of Manoj Narender Madnani as Managing Director for the EMEA Region, where he will oversee Marathon’s strategic expansion opportunities in Europe, the Middle East, Africa, India, and Asia. Manoj Narender Madnani brings
Marathon Digital and Coinbase could both heat up as the crypto winter ends.
After a huge run in 2023, the stock of cryptocurrency miner Marathon Digital stock (NASDAQ:MARA) has declined 24% so far this year. Rather then be intimidated by the decline, investors should buy-the-dip in MARA stock. Marathon Digital’s share price rose sharply higher last year as the price of Bitcoin (BTC-USD) steadily increased. In recent months, MARA stock has been thrown into turmoil as Bitcoin’s price peaked at just under $74,000 on March 14 and then sold off. There are also concerns about
Bitcoin bulls should consider buying a small number of Marathon Digital shares.
There are seven meme stocks to sell in April before the worst comes to worst. Meme stocks are often driven by hype and social media frenzy rather than fundamental business factors, can be incredibly volatile and unpredictable. While the potential for big gains can be enticing, the risks involved shouldn’t be overlooked. These stocks can experience sudden and dramatic price swings, fueled by the whims of retail investors rather than the company’s actual performance. This makes it extremely diffic
Bitcoin (BTC-USD) prices seem to want to settle somewhere in the mid to upper $60,000s. Prices have continued to test those levels over the past few weeks. We are also quickly approaching the next Bitcoin halving. The run-up in price is creating a grouping of must-own crypto mining stocks for blockbuster returns. Mining rewards will decline following the upcoming Bitcoin halving. That should make existing coins more valuable based on the principle of scarcity. It should also make the companies s
All stocks have peaks and valleys. However, it requires a strong stomach, or better yet, proper planning and preparation to successfully invest in Marathon Digital (NASDAQ:MARA) stock. We’re assigning the stock a “B” grade as Marathon Digital is an intriguing, tech-forward cryptocurrency miner with decent financials. Without a doubt, some investors bought MARA stock after the Securities and Exchange Commission approved spot Bitcoin (BTC-USD) exchange-traded funds. Maybe they got caught up in the
The crypto sector has been on a tear, propelled higher by none other than the leading digital asset, Bitcoin (BTC-USD). Its rise has proliferated into other digital assets, with many investors in this space focusing on cryptos alone. So, within this sector, two key catalysts could drive greater upside over the near-term. They both have to do with Bitcoin. First is the upcoming halving event, set to take place in a couple weeks. And the second is the impact spot ETFs will have on the entire secto
After a massive rally, Bitcoin (BTC-USD) seems to be in a consolidation zone. With halving due this month, expect another big breakout on the upside that might take Bitcoin past the six-figure mark. Direct exposure to Bitcoin and quality altcoins can deliver multibagger returns in the current bull market. At the same time, investors can consider proxy exposure to the crypto world through selected stocks. Besides the halving event, 2024 presents another catalyst for cryptocurrencies. It’s likely