Marathon is following in the footsteps of MicroStrategy


MARA is raising funds to buy more Bitcoin

If this feels like something you have heard before, that's because it is.

MARA announced they are raising $500 million to buy more bitcoin and more bitcoin mining machines.

This is very similar to what MSTR did starting this time last year.

It worked out pretty well for MSTR as their stock is up significantly since this move and the bitcoin they purchases as appreciated significantly as well...

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(Source: https://twitter.com/BitcoinMagazine/status/1460248912573435906/photo/1)

Hopefully these results are the same as what happened with MSTR.


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