Marathon Digital Holdings Non-GAAP EPS of $0.36 misses by $0.01, revenue of $60.28M misses by $0.34M

• Marathon Digital Holdings press release (NASDAQ:MARA): Q4 Non-GAAP EPS of $0.36 misses by $0.01.
• Revenue of $60.28M (+2218.5% Y/Y) misses by $0.34M.
• Shares +0.3%.
• Produced 1,098 self-mined bitcoin during Q4 2021, an 599% increase from Q4 2020
• As of December 31, 2021, cash and cash equivalents was $268.5 million and total liquidity, defined as cash and bitcoin holdings, was approximately $615.5 million

Comments

[FloridaHBLand]

the people that buy or sell MARA are morons. Bitcoin pumps and this moves the same percentage instead of 3x to BTC. The Nasdaq is up Bitcoin pulls back and this stock goes up. WTF.

I track on Excel the trailing 12 months MARA stock price/BTC price and we should be in the 28-32 dollar range. I'm pretty confident that we break 46k soon as more people realize that governments like Canada and Western Nations can just grab your assets??? BTC on cold storage is the future.

[User 49215273]

@FloridaHBLand MARA is heavily shorted so you will see volatility. It does track BTC and the market, but can have a breakout probably driven by institutional buying followed by retail.

Institutions can be an index fund or hedge fund. Index buying will follow market sentiment but it’s the rise in hedge fund buying that you need to watch. If you wait for the 13F filings it’s too late as the buys are old news.
I like to compare volume with previous days/weeks volume and a comparison with other miners. So if both RIOT and. MARA rise 10% in volume and 3% in price than it’s an industry move.

However on a day like today where MARA has average volume but better than RIOT’s volume percentage today and breaks out of the BTC tracking correlation it is a great opportunity to join the big boys and ride their coattails.

[javkoza]

In one article SA says consensus is $0.34, yet in another it is $0.37!!!!!!!!!!!
These inconsistencies are becoming far too recurring on this site!

[Jianguo Xin]

Still #1 in bitcoin mining. Strong buy.

[User 49215273]

Revenue of $60.28M (+2218.5% Y/Y) misses by $0.34M

Ha, only MARA could have a 2218% y/y increase and have the market just shake it off, no big deal! Huh, I think they just gave us one last opportunity to buy in. We won’t have another opportunity like this again.

Personally speaking, I will add more tomorrow as BTC will most likely have a steady climb upwards and their new miners will be operational. Sure don’t want to look back at the end of the year and regret not buying more when I had a chance. JMO

[Discountfoods1]

Solid buy over next few years, this company is dedicated to mining Bitcoin. Buy a few shares will its down and hold.