MARA

mricecream429

RIOT and MARA mining stocks taking a beating. I may have to DCA some funds there soon. Anybody else buy these?

VinnyS70

If she's right wouldn't someone be better off investing in MARA or BITF ? Thats what I'm probably going to do.

verysillyman

If anyone here trades stocks or options, crypto mining companies like MARA and RIOT are currently down to year to date support levels. If there is any good news in the crypto market in the next few months, these could be highly profitable call options.

Jesse-L-Livermore

Blackrock has recently become majority stockholders in MARA and RIOT

Jesse-L-Livermore

Buy stock in the companies that mine Bitcoin like MARA and RIOT

Grunblau

Not selling MARA at $80. Buy in of $250 shares around $2.

mricecream429

Food for thought - big drop on bitcoin miner MARA today going into market close. I’ve seen this happen before and bitcoin plummets after market. Might mean nothing / might be worth paying attention to

Iangunn15

the miners are looking tasty again. Got some $13 MARA calls i bought at close that could be up nicely tomorrow morning! Good luck all.

Bandit_Quick

Forgot the US stock market is closed tomorrow. I hold around a dozen of each on COIN, MARA and RIOT. At least I won't have to watch those charts..wonder what crypto will do?

LaurentDuboi

I invest as much in BTC miners than BTC itself, my goal is to buy more sats with this leverage BTC asset. Tickers are HUT, BITF, MARA, RIOT and others

De-ja-vu00

I would pick MARA.

De-ja-vu00

MARA would be a good bet among the miner stocks IMO. Many of the small and weak miners will go bankrupt post halving. MARA stands a solid chance to thrive. And the gains will be massive.

De-ja-vu00

Same here. MARA will outperform BTC and all other miners.

De-ja-vu00

11K MARA shares and still DCAing... the gains on miner stocks will be massive over the next 18 months.

TyroneWallinson

Blackrock really got stake in MARA,RIOT,CIFR, & WULF 👀👀👀

moki339

MARA made me rich on paper in 2021.. wish I sold. Bought back at less than $4.. but my 2024 calls are worthless now.

mricecream429

I just commented something similar down below - I use RIOT and MARA as “alts” almost for the same logic. Worth a look.

mricecream429

Big move on btc mining stocks today RIOT and MARA - definitely worth looking into for some if you haven’t already. I wouldn’t buy at these levels after a 20-30% daily pump, but I do like to have some exposure to these in my stocks portfolio. I’m UK based so can have these in an ISA for tax free profits (assuming profits happen) 😄

Erocdotusa

Things like RIOT and MARA. They are companies that mine bitcoin

moki339

I read every word. Please consider adding your story to the post I just created about horror stories. You know what sucks, and I think you might relate. I think I fell into depression after 2021 bull run. The idea that I could have closed the mortgage, bought a land, and helped my family in my first home country, hunted me for over a year.. I couldn't understand that I had to start from almost scratch. Speaking of stocks, I had CALL options on MARA (crypto mining). That went to 6 figure.. I didn't sell.. went down to few hundred dollars.. kept thinking it would go back up. Hope you get your $7 million again.

Valuable_Talk_1978

Look back at the price RIOT and MARA the last couple times Bitcoin was up. When Bitcoin hit close to 70k those were both around $60-$70 per share. I bought those with average prices of around $6. When Bitcoin goes up to the level of it’s last ATH there is no reason to believe they won’t hit their last ATH’s as well. So that’s Bitcoin going to approximately 3x’s it’s current price and those stocks going to 10x’s my average price per share. My end goal is the accumulation of more Bitcoin.

Kephby

That's what I've been thinking as well. The institutional investors may sell some of their mining stock once the ETFs are approved. At that point, they will no longer need to invest by proxy. I wish I would have picked up some HUT, MARA, RIOT, and CLSK when they were much lower earlier this year... would have had some nice gains. I wanted to buy them but was waiting for an even juicer dip from the December lows. I'll think I'll just continue to buy Bitcoin rather than the mining stocks.

T4KEme2PoundTown

CLEANSPARK $CLSK BITFARMS $BITF RIOT $RIOT MARATHON DIGITAL $MARA HUT8 $HUT You are welcome

elysiansaurus

I expected it to be RIOT or MARA but they are a lowly 228%, I don't even know what Cipher mining is. Those are some big gains.

RadhanBr

"Two Bitcoin mining stocks, Riot Platforms Inc. (RIOT) and Marathon Digital Holdings Inc. (MARA), are trading well above 200% since January."

Grunblau

$MARA making preparations for a BTC dip?

CercaQua

Check on nasdaq exchange CLSK, MARA, RIOT, ARBK... Some leverage can be good sometimes. I do not know since you are in this market or an investor in general. If you sit at a poker table and you know the cards of other player or you know how to win money from some players because you know their attitude you are not gambling. You are simply making markets more efficient.

Maleficent_Sound_919

And then you realize you should have bought some MARA stock

heyyybrotherrr

As far as a Bitcoin or Ethereum ETF, is the idea similar to a regular ETF where it would track publicly traded companies that operate in the crypto space? Like for example, a Bitcoin ETF might carry $HIVE, $MARA, $HIVE, etc? Just trying to understand, thanks!

TarkovRedditor

I’ve bought a larger stack through December of MARA. Felt like it was oversold and I like how they manage their mined BTC

Soil_Electronic

I wish I did invest in MARA at the start of the year :(

Soil_Electronic

Bitcoin mining companies are green like MARA yet BTC hasn't show anything what's going on?

bookworm010101

5x-10x meaning 500% -1000 ALL up over 500% low to peak and over 250% YTD CVNA up almost 2000% low to high this year MLTX MARA IONQ INGN OPRA SYM RIOT OPEN OSCR

I_keepgetting_banned

anyone have info from the vote for MARA share Dilution? so yesterday on july 27th marathon was supposed to have a shareholders meeting and release the results of the shareholders vote for or against dilution of mara stock…. i see nothing. no results, no proof of a meeting even taking place…any information would help tremendously….thanks!

Bastiat777

on same wavelength. You can buy MARA or MSTR shares and sell one month out-of-money covered calls every month. Take all proceeds each month and buy real bitcoin. As long as price stays low you will be accumulating real additional bitcoin. If prices goes up a bunch your covered calls will take your MSTR MARA shares away but you'll get another 10 - 20% kicker payment to buy more bitcoin and your bitcoin bag will be bigger than ever naturally.

Bastiat777

I'm 100% in bitcoin or bitcoin correlated stuff(MSTR MARA). I started buyin gin 2017. kept at it through 2019 and upped my commitment from roughly 2% to 50% by the time we got to August 2020. That was all great! The only problem was upping my commitment level to like 120% by May 2021. That was a dumb time to become more convinced. I suspect lots of other people have had same experience. If your fiat brained wife is ok with 5% commitment to bitcoin now I bet $$ she would be ok with a 15% commitment by the time bitcoin hits 100k (say that is October 2024). If that is how she rolls it would be bad. That is the hard part . pretty much everyone becomes more believing as the price rises and then that can put you in a less than favorable spot as you have to wait out a bear market in anticipation of next halving. so just be warned of that problem now. Otherwise good luck. If you have kids I would not risk your marriage over this, just being married does allow you to have more investment dollars to play with than you might otherwise have so don't give her too hard a time for being a NPC. She probably believed mask bullshit too right? women are just crowd followers more than men

Timp2003

You can by $BITO with Proshares as issuer (not sure if UK has UCITS rules, otherwise you'd have to use put options). [guide](https://www.expatfinance.us/general/us-etfs-in-europe), once a spot ETF gets approved, I would opt for that instead. Another option is bitcoin mining stocks like $MARA, $RIOT, $CAN, $HUT, $CIFR, $HIVE, $BITF, ...

DaVirus

I was looking at this yesterday for my SIPP lol. MSTR, MARA and RIOT was my conclusion.

callmev269

Good thing I took my profit on MARA

Baikken

The fact that stocks like MARA, RIOT, COIN and MSTR are all frontrunning btc right now is a massive indicator.

Bandit_Quick

Yes..I am hodlin COIN. There was an article out maybe 5 days ago and showed each fund and average ARK cost. One fund was $234 per share average. Cathy ain't selling fast. Jan 3rd was a good time to buy. MARA and RIOT too...400+ % below current price. (I sold $600 and bought BTC over $31k).

Valuable_Talk_1978

You’re better off putting money into a mining company. Faster return. Rinse and repeat every 4 years with the halving. RIOT, MARA, WULF, or CLSK. There are plenty to choose from.

green_man_69

How do people not understand that, for the most part, companies like Vanguard aren't going out and dumping $560 million into stocks? The first one they talk about is MARA. Vanguard owns **5 of the top 10** etfs that have MARA in them. They aren't purposely putting money into bitcoin stocks. Bitcoin stocks are just part of all the indexes their etfs cover, and their asset pool is so god damn huge that even a tiny percentage is $560 million. You could look up how much they own of any stock and make this same headline.

cowboy_shaman

I was up big on $MARA. Rode it all the way down to a huge [unrealized] loss through the bear market. Bought more near the bottom and now up 50% overall. It’s been a wild ride. Way more volatile that BTC itself

dashby1

Right now, crypto stocks are vastly outpacing BTC. Why? Well, most institutions cannot yet own BTC due to their bylaws. However, now that Blackrock et. al. have filed for a BTC SPOT ETF, they see the writing on the wall that their opportunity has been green-lighted to acquire. But since their is no formal ETF YET, they are scooping up MSTR, COIN, MARA, RIOT, etc. These stocks are soaring. I expect this overweight will continue until if/when the ETF's are approved by our pal Gary.

dashby1

Right now, crypto stocks are vastly outgrowing BTC. Why? Well, most institutions cannot yet own BTC due to their bylaws. However, now that Blackrock et. al. have filed for a BTC SPOT ETF, they see the writing on the wall that their opportunity has been green-lighted to acquire. But since their is no formal ETF YET, they are scooping up MSTR, COIN, MARA, RIOT, etc. These stocks are soaring. I expect this overweight will continue until if/when the ETF's are approved by our pal Gary.

Whole_Visible

My main bet is on a small crypto exchange and Blockchain analysis company out of Canada but started operating in the US this year. Blockchain Intelligence Group: BBKCF in the US, BIGG in Canada. They're OTC in the US MOGO is NASDAQ, another Canadian crypto company BKKT in NYSE - They recently bought out APEX Crypto BTCS on NASDAQ is staking equivalent to Bitcoin mining companies MARA and RIOT are the big Bitcoin mining companies but there are others like Bitfarms, Bi Digital, Hive Blockchain

Timed-Out_DeLorean

I love gross overreactions to some random government saber-rattling how they’re going to end BTC. I just load up more coin and more MARA. What’s even funnier is today’s lowered CPE was a huge boon for BTC. Stay strong. Soak up the discount. Let’s get retest 30500 this weekend. 👍

spambakedbeans

Also consider mining stocks like MARA HUT CLSK RIOT

wmdavis910

Any other miners worth considering to invest in. I’m currently invested in CLSK, WULF, MARA, BITF, GREE, and SDIG.

wmdavis910

Any other miners worth considering to invest in. I’m currently invested in CLSK, WULF, MARA, BITF, GREE, and SDIG.

Bandit_Quick

I would bow, but these bags are heavy and I couldn't straighten up. Buying MARA and Riot around January 3rd was good too..just cashed out some at +240% and moving it into crypto.

jonatello11

Yes and there’s ways to invest in btc and other cryptos via your Roth, like $GBTC and or invest in miners like $RIOT $MARA $HUB

information-zone

>They can have the blocks give the fee part of the coinbase back to the subsidisers wallet You set this up so the indy miners are making **more** by mining for the attacker, but now you're taking away these fees so that they're making less. On the honest chain, they're getting the block reward and the fees, but you're saying they have to give up the fees in order to mine for the attacker. Don't bother saying the attacker will pay them even more without explaining where that money comes from and how much it will be. I'm interested in the scale of expenses you think the attacker is going to have to weather in order to continue this attack. Why would these rational actors accept less to mine for the attacker? They would not. And then there is the risk of losing it all. Remember that we both agreed that these blocks can be detected. Once detected, those block rewards become worthless as the honest chain rolls back the bad blocks and forks to the last honest block. Don't bother saying the attacker will sell all of their BTC without explaining why the big companies like $MARA holds more than 11k BTC on their balance sheet. Or if you do want to go that route, please explain why $MARA is not a rational actor. Why would a rational actor accept less per block and the risk that the honest chain will roll back their block rewards leaving them with nothing? They would not. I understand that your "I've been defeated" response in this argument has been to say "They'll just sell the hardware to the attacker at fire-sale prices" and I concede that this can happen. However, Bitcoin will just adapt their mining protocol in such a way that those ASICs are worthless. So in summary: You attacker has spent billions to slow down *but not stop* the BTC blockchain and drive down the value of ASICs only to prove that BTC cannot be stopped. You have created a fun thought experiment here, but there is no way this attack can succeed as you've laid it out.

moki339

Not sure the best answer... I'm into bitcoin mining companies.. mostly in MARA. I didn't sell at $75.. oh my

ProgrammaticallyHip

The most sought-after Beanie Babies still sell for hundreds of thousands of dollars, just like many other vintage collectibles. Yes really. RIOT, MARA etc. had huge pops when the SVB and other banks collapsed. They pop, then drop when a bailout or some form of resolution occurs. Whether it makes sense or not (it doesn’t) they are being traded as a hedge against banking sector turbulence. https://www.coindesk.com/business/2023/03/13/bitcoin-miner-stocks-surge-amidst-banking-meltdown/ The percentage of trades that occur with an intermediary now, or security/portability…not my point. I’m talking about some kind of crisis scenario where these relative advantages become a potential factor.

sumcollegekid

Agreed, so BTC price goes up from less selling pressure. I'm guessing that in terms of the miner stock prices, that revenue will dry up until BTC price goes up. I'm wondering how a large holder type miner like MARA will fair compared to a miner that sells all they mine. Any difference? In general I've got a feeling that mining stocks are going to vastly under perform BTC until the parabolic fomo starts to kick back in.

sumcollegekid

Posted this for the other comment also because I'm interested in your specific feedback. --+ Well... These big miners have only been around at scale since around 2017 so there's not much "post havening" history. This is why I'm asking. Obviously revenue is gonna tank for everyone and selling pressure on the market will decrease so if the company holds BTC and the value of that BTC goes up then they may be good (MARA) but for revenue from selling only companies they may be in trouble.

sumcollegekid

Well... These big miners have only been around at scale since around 2017 so there's not much history. This is why I'm asking. Obviously revenue is gonna tank so if the company holds BTC andtge value of that BTC goes up then we may be good (MARA) but for revenue from selling only companies they may be in trouble.

sumcollegekid

Question... What's gonna happen to mining stocks like MARA, RIOT, after the havening? Do we expect them to tank and then rebound or will these companies just be fucked because the hash rate is so high now even if other miners leave the space correcting the difficulty.

DCFireGuy22

Good for $MARA I would assume

ineedmoney2023

I agree that people trying to get rich on crypto are probably overlooking the stockmarket as likely better gamble to get rich. But I would caution anybody against loading their TFSA up with RIOT, MARA, or WULF...

Antique_Ad_6469

If you have an employer match it’s free money and tax deductible…. Most 401ks offer an option to self invest like a regular brokerage, so if you want to be invested in BTC, you just load up on the miners (MARA, RIOT, BITF, HUT) and supporting players/funds like MSTR, COIN, GBTC, ETHE, GDLC….. Not perfect but if crypto rips all those go up for the ride and you can trade in and out freely without having to pay any taxes on gains as you trade… so you can build a pretty big stack over the decades and then withdraw during retirement.

pabo81

Now if only RIOT and MARA could get a little movement going…

information-zone

If you’re thinking like BTC is an investment, and you want to earn more of those sweet-sweet dollar bills, then stick with GBTC, or MSTR, or MARA. You’ll have the liquidity & other protections that you’re accustomed to in the USD-based world. However, (if you don’t already know) I also encourage you to learn a bit more about why people are exchanging their USD for BTC and holding it in self-custody. - Executive order 6102 - wtfhappenedin1971.com With that said, to answer your questions: 1. The spread is big at exchanges that do not do a lot of volume. If you want a narrow spread, use Coinbase or Binance, or one of the other big exchanges. 2. BTC has less clarity around it than stocks, which is why I suggested a casual investor, who is only seeking alpha, might want to stick with BTC-focused stock equities. Once you learn more about how to hold BTC yourself, it is safer than owning stock or keeping money at the bank because you are responsible for securing your BTC with zero counter-party risks. Feel free to ask more questions & I’ll be sure to answer.

bluesquare2543

Biggest bitcoin miner BitDeer just went public. Under $7 a share. Hydro-electric. Low float (less than 1m shares). Extremely low volume. Compared to MARA and RIOT it should be trading at $20 a share at least.

LZ_OtHaFA

CLSK shares, options: Leaps on CLSK, BITF, MARA, RIOT all up pretty big

Burlesque_Djin

MARA. Bitcoin mining company with a stock. =)

Technical_Donut9863

$MARA

Marketspike

Owning a portfolio of bitcoin miners will be more profitable than buying Bitcoin alone. $MARA $MIGI, $RIOT, $WULF, and $CLSK is what I own right now. Traded a couple--scalping profits. GLTA

Many_Quick

MARA and RIOT both dropped too...lots of uncertainty and folks need more patience.

Independent-Coat-389

Won’t be shocked to see this go 10x from current price. Has done that kind of move in the past. Miners like RIOT, MARA, HIVE etc may move 50x in that case.

moki339

I'm heavily into MARA. They work a lot but I hate that they dilute shares... I kept adding/buying when I can in the last few months, it's starting to pay off. Could have sold the ones I bought long time ago at 75 but I didn't.... hindsight is 20/20.

coinfeeds-bot

tldr; Bitcoin has surged over 80% on a year-to-date basis since the start of 2023. Cryptocurrency stocks saw their share prices jump, too, since the underlying price of Bitcoin impacts their financial results. The biggest winner has been CIFR stock, which has seen share prices increase by a whopping 373%. It is followed by MARA, BTBT, and BIT *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

GlubSki

By buying stocks for MARA, RIOT and other miners you are directly helping those companies to raise capital, which in return they use to run their operation. Whats their operations again? Oh right - securing the network we all love. So while I agree with you that holding a stock holds infinite amounts of counter party risk in comparison to cold storage BTC itself - its not "nothing". It serves a purpose in the network we all love.

Turbulent-Rip-5001

you checked correlation for today and made that conclusion on MARA? Why dont you check the correlation for the past 3mth/6mth/1 year data before drawing this conclusion? Sounds like pretty bad math or you got a bad agenda

Remyleboo99

I think someone yesterday was mentioning about mining stocks but I think getting straight BTC would be better as mining stocks don’t correlate the same way. They do have potentially a great upside but as you can see today MARA and MSTR are down around 5% and BtC is up 0.28% right now on the 24hr - according to coinmarketcap. That figure may not be completely accurate but it shows the correlation between actual BTC and mining stocks are kinda off.

Remyleboo99

MSTR maybe. Or things like MARA but to be honest they also move more with the stock market. So even if Btc is going up Mara maybe shorted to death and wont ride up as much as it should. Getting Btc direct is the best way.

InvestorCoast

**BTC flying overnight.. $MARA will be the big beneficiary today (and MARA's 45 Million shorts prob not happy)** **MARA should finally take off today.. Bitcoin broke out overnight & on the verge of a new YTD high (next resistance pt isn't until 31K.. MARA's equivalent target is $13.39). MARA should easily take $8.67 today & possibly $10.24)** HFs have been shorting MARA and BTC past few says to try and create the impression of a selloff. It did nit work and both are moving back up. If looking for a stock to play the btc rise... MARA is positioned to gain the most. After some speed bumps in 2022 related to moving facilities and some downtime for mining machines, and the drop in btc price- it has had a big turn around in 2023. MARA has a Rock Solid balance sheet: $500M in unrestricted cash. (vs $125M at the end of 2022) virtually no short term debt... and no long term debt due prior to 2026. MARA will turn profitable this year and by June/July, MARA is on schedule to produce over 2000 coins/month ...and at 30-40% lower production cost. That's over $60M/ month revenues (or close to 750M/year). (That's more than 5x 2022 total coins mined). ...and the turnaround is not priced in- which along with the run btc is on, has left Shorts in a bind that will soon squeeze as they start to cover their positions. And 45M shorts still have to cover (Plus likely another 5M from the past week or two.. as HFs have heavily shorted, esp the last several days- trying to stall the inevitable breakout). Available shares to short is drying up- there were 0 shares available several times the past week- so HFs are also racking up an enormous amount of FTDs. Pressure has been building for a month- and has built a solid based of longs who are holding tight.

noob_zarathustra

If this is a shill, atleast tell us what MARA is😅

PlusFall5285

When MARA was at 70 and BTC at 69k they diluted some shares. Other than that, good investment case. But… why just not buy Bitcoin itself ?

cdnkevin

HIVE is a better choice than MARA or RIOT.

croa81

All te influencers. Lol. Listen to me. Look at my ost history. This is the accumulation year. Buy now. DCA until halving. It’s very simple. Also if you’re looking a stocks, coin is not the stock you want. You want MARA and RIOT. I have 200K combined in both. You are lucky to be reading this!

AnonFor99Reasons

Not sure if you can do it directly, but look into miner stocks, BITF, MARA, etc

Ninja_Gogen

Here's a list: CIFR MARA RIOT HUT DGHI HIVE BTBT CORZQ ARB BITF And the best part is you can have them in your retirement accounts for tax savings.