Not Financial Advice...Do Your Own DD
ALL Low IQ Paid Analysts & Clout Chasing Cucks can GO F"CK THEMSELVES
$MARA is the Next
#MARA
and
#Bitcoin
is Inevitable
$MARA has officially beaten its previous 24 hr production record of 116 $BTC which was set by
#MARA
on September 16, 2023.
In the last 24 hrs, MARA has mined over 125.85
#BTC
!
#Bitcoin
@fgthiel
@MarathonDH
Acquisition season is here!
$MARA is buying Garden City, TX facility from $APLD
This is brand new facility that got energized in Q4 2023 and
#MARA
has 4.5 eh currently located at this site
Link:
#MARAPIG
#APLD
$BTC
#BTC
#Bitcoin
$MARA has been signaling to the market that they plan to drive industry consolidation in 2024 & now have access to $2b in Cash and over $1b in
#Bitcoin
on the balance sheet
So who is
#MARA
buying with over $3b in liquidity?
Share your thoughts in the comments 👇
$BTC
#BTC
$MSTR just filed an 8k announcing a purchase of 18,300
#Bitcoin
for approximately $1.11 billion in cash, at an average price of approximately $60,408 per $BTC
#MSTR
now holds 244,800
#BTC
at an average purchase price of approximately $38,585 per $BTC
Link:
$MARA announced they are reorganizing into three business units starting Q2 2024
Business Units:
1. Digital Asset Mining
2. Technology
3. Strategic Initiatives & Energy Harvesting
#2
and
#3
have been in the works for years and are MAJOR differentiators for
#MARA
#BTC
#Bitcoin
$MARA has been signaling to the market that they plan to drive industry consolidation in 2024 & now have access to $2b in Cash and over $1b in
#Bitcoin
on the balance sheet
So who is
#MARA
buying with over $3b in liquidity?
Share your thoughts in the comments 👇
$BTC
#BTC
$MARA has started off 2024 with a BANG and officially set a NEW 24 hr $BTC production record!
#MARA
mined 15 blocks for a total of OVER 131
#Bitcoin
mining rewards in a 21 hour span!!
Previous record was 125
#BTC
mined set on 12/15/23
#MARAPIG
@fgthiel
@MarathonDH
DD below 👇
$MARA HODL of 17.2k
#Bitcoin
has increased by $67m in the last 24 hours which is nearly a 6% increase in fiat book value and will reflect in Q1 earnings as NET PROFIT
Meanwhile, $MARA stock price is down over 6%? 🤷♂️
$BTC
#BTC
#MARAPIG
$MARA has already mined over 1,000 $BTC in the first 16.5 days of December!
On pace to SHATTER the official monthly mining record of 1,245
#BTC
set by
#MARA
in May 2023!!
#Bitcoin
@fgthiel
@MarathonDH
DD in the comments 👇
$MARA Q1 earnings predictions at market close:
- Massive GAAP Accounting Net Profit in the $300m-$400m range w/ EPS in the $1.00-$1.50 range
- Revenue in the $150m-$170m range
- Strong guidance for 50 eh in 2024
- Explanation of 3 Business Units (Mining, Tech, Energy)
#MARA
👑
SPECULATION: $MARA Q4 earning's
Chart is self-explanatory (see notes on right)
Revenue + Gain on Sale of $BTC will be higher than last quarter, so will Cost of Revenue + Depreciation
Projecting a NET PROFIT of $17m & positive EPS of $0.076 for
#MARA
#MARAPIG
#BTC
#Bitcoin
$MARA has already traded OVER 62 million shares today and is up nearly 20%!
Massive volume green day and just a taste of whats to come!!
MARA is the next
#MARA
and
#Bitcoin
is inevitable!!!
Fun facts:
- On May 8th $MARA will be added to the S+P Smallcap 600 index fund and begin to benefit from significant passive new capital inflows
-
#MARA
is already in 72 ETFs including over 10% allocation in 7 of them
Link:
#MARAPIG
$BTC
#BTC
#Bitcoin
According to a new SC 13G/A SEC Filing, Blackrock now owns 35 million shares of $MARA - 12.4% ownership
#MARA
institutional ownership is going parabolic while retail ownership keeps getting shook out.... 🤷♂️
#MARAPIG
$BTC
#BTC
#Bitcoin
Link:
$MARA catalysts:
1. Record breaking DEC mining PR released in the first week of JAN
2. $BTC spot ETF approval
3. Net Profitable Q4 earnings
4. Halving
5. FASB rule change where the +15k
#BTC
in the hodl gets marked up by +$350m
#MARA
is the next MARA and
#Bitcoin
is inevitable
$MARA has already mined over 1,100 $BTC in the first 17.5 days of December!
On pace to SHATTER the official monthly mining record of 1,245
#BTC
set by
#MARA
in May 2023!!
#Bitcoin
@fgthiel
@MarathonDH
DD in the comments 👇
$MARA has already mined over 727 $BTC in December!
On pace to shatter the monthly mining record!!
#MARA
#BTC
#Bitcoin
Bonus DD in the comments 👇
AI generated image:
#Bitcoin
miner production over the last 24 hours based on $BTC mining rewards wallets
#MARA
$MARA = 33.44
#BTC
#CORZ
$CORZ = 15.67
#BTC
#CLSK
$CLSK = 13.86
#BTC
#RIOT
$RIOT = 6.75
#BTC
MARA 24hr production is GREATER THAN:
CORZ + CLSK
CLSK + RIOT x 2
CORZ x 2
CLSK x 2
RIOT x 4
$MARA has mined OVER 600
#BTC
in January and has already outmined all but two of the lesser sh!t miners this month!
MARA is the next
#MARA
and
#Bitcoin
is Inevitable!
#MARAPIG
$BTC
With
#Bitcoin
at $65k,
#MARA
is still sitting on over 17k
#BTC
in the HODL which makes them the 2nd most valuable publicly traded company on EARTH in $BTC terms behind
#MSTR
$MSTR & $MARA WILL BE THE TWO MOST VALUABLE COMPANIES ON EARTH
Try to change my mind in the comments 👇
Institutional ownership of
@marathonDH
keeps growing
Blackrock increased $MARA holdings to 43M shares last quarter (147% increase) and Vanguard increased
#MARA
holdings to 32M shares (35% increase)
Those 2 institutions now hold over $1B worth of Mara shares! Are you selling
$MARA bought the Germany dip and they were not messing around when they did!
$100m smash buy of
#Bitcoin
increases the HODL to OVER 20k
#BTC
!!
That's more than double the amount of $BTC that $RIOT & $HUT hold and three times larger than $CLSK!!!
$MARA
#MARAPIG
$KAS
#KAS
Today, we are announcing that MARA has purchased $100,000,000 worth of BTC. And effective immediately, we are once again adopting a full HODL strategy. Learn more about our
#Bitcoin
Strategic Reserve:
Another Fun Fact:
$MARA just made more money when $KAS went from $0.18 to $0.19 than $IREN did in all of Q1 from Hosting AI Customers - BAHAHAHAHAHA 🤣🤣🤣
#MARA
#MARAPIG
#IREN
#KASPA
$KAS is now above $0.19 and $MARA holds about 90m of them in their Digital Assets Treasury
Fun Fact: Every $0.01 increase in
#KASPA
value is $900k increase for
#MARA
balance sheet
$MARA has now mined over 700
#Bitcoin
in April!
If Transaction Fees remain elevated and / or there is continued demand for
#SLIPSTREAM
,
#MARA
is on pace for over 900
#BTC
mined this month (
#1
among the publicly traded $BTC miners)
Since analysts are giving rankings, here is a chart for y'all pulled from most recent quarterly earnings. My commentary is on the left
$BTC Miners that are CASH FLOW NEGATIVE when you back out depreciation & have CURRENT RATIOS under 1x will get the kiss of death come halving
$MARA has already mined over 1,200 $BTC in the first 20 days of December!
On pace to SHATTER the official monthly mining record of 1,245
#Bitcoin
set by
#MARA
in May 2023!!
#BTC
@fgthiel
@MarathonDH
#MARAPIG
DD in the comments 👇
$MARA is heavily involved in the upcoming "Powering Africa Summit 24" in early March
There have been multiple hints dropped that Africa is the next
#Bitcoin
mining expansion opportunity for
#MARA
so I am expecting news soon
$BTC
#BTC
#MARAPIG
Link:
MARAPOOL just mined 3 blocks in a row!!!
$MARA has already mined 680
#Bitcoin
in the first 12.5 days of December, is on pace to SHATTER the monthly record and has now mined more
#BTC
than ALL of the lesser miners reported mining in November!
Bonus
#MARA
DD in the comments 👇
According to Sebastians calculations, $MARA has one of the LOWEST breakeven costs to mine $BTC
Lower than $RIOT and $CLSK and all the others that your favorite paid pumper sold you a false narrative on
Chart and video courtesy of
@sebastian_ski
Link:
With
#Bitcoin
over $51.5K, the
#MARA
HODL of +16.1k
#BTC
has now appreciated by more than $146m in fiat value over the last week!!!
HODL MATTERS!!!
$MARA
#MARAPIG
$BTC
#FASB
#MARA
has around 16k
#Bitcoin
in the HODL & over the past week the value has increased by $75m
$MARA Digital Assets (
#BTC
) were valued at $286.8m as of 9/30/23
When they apply FASB accounting thats around $500m in Net Profit they will claim (around +$2.00 EPS)
$BTC
#MARAPIG
$MARA has just BROKEN the monthly record for most $BTC mined!!!
That's 1,250
#Bitcoin
mined in the first 20.5 days of December, surpassing the previous record of 1,245
#BTC
mined, set by
#MARA
in May 2023!!
@fgthiel
@MarathonDH
#MARAPIG
Chart in the comments 👇
January Ops Report predictions (lots of wallet fuckery)
#MARA
likely mined over 1,100
#BTC
& appears to have hodled 100%
#CORZ
likely mined over 1,000 $BTC & sold 100%
#CLSK
likely mined 581 BTC (no idea on sold, they launder all of it)
#RIOT
likely mined 524 BTC & sold 55%
September
#Bitcoin
mining ops report predictions leveraging on-chain data from
#BTC
mining wallets:
BEST IN BREED MINER = $MARA
- It was a clean sweep for
#MARA
as they dominated in every single category in September by mining 207 blocks out of
#MARAPOOL
which resulted in over
2 more hours to go before we find out if the Money Managers will deliver another A+ perfect Max Pain algo and FUD manipulation performance due to expiring $MARA options this week!!!!
#MARA
#MARAPIG
$BTC
#BTC
#Bitcoin
Checking in on Max Pain for $MARA this week
OI for both Calls & Puts are massive at $17 and Max Pain is currently at $20 for
#MARA
as per this website:
Talk about getting caught off guard by the continued surge in
#Bitcoin
price! 👀
#MARAPIG
$BTC
#BTC
$MARA has already mined over 1,100 $BTC in the first 17.5 days of December!
On pace to SHATTER the official monthly mining record of 1,245
#BTC
set by
#MARA
in May 2023!!
#Bitcoin
@fgthiel
@MarathonDH
DD in the comments 👇
Extraordinary news that Blackrock has doubled their $MARA position and now own over 17m shares!
Checking in on ETF's today, I was surprised to see how high the
#MARA
exposure there has also climbed. For the majority of 2023 about 45 ETFs held about 25m shares
#MARAPIG
#Bitcoin
New chart:
$MARA is 62 $BTC away from mining 12k
#BTC
in 2023!
That will be an AVG of 1000+
#Bitcoin
mined each month this year!!
#MARA
is also only 504 Bitcoin mined away from achieving a Year-Over-Year result of 3x their Full Year production in 2022!!!
@fgthiel
@MarathonDH
#MARA
has already mined OVER 100
#Bitcoin
in May and is on pace to significantly out mine ALL of the lesser publicly traded $BTC miners this month!
MARA is the next $MARA and
#BTC
is inevitable! 👑
Early look at realtime May
#Bitcoin
mining results for
#MARA
#RIOT
#CLSK
and
#CORZ
based on
#BTC
rewards wallets
$MARA May $BTC production is GREATER THAN:
- $CORZ + RIOT
- $CLSK + RIOT
- $RIOT + RIOT + RIOT
Note: Red Text is TENTATIVE pending validation from April Ops reports
$MARA is already over $17 in Robinhood overnight trading
The market completely miscalculated the impact of the halving on
#Bitcoin
miners with ridiculous negative price action and LOW IQ FUD for
#MARA
over the last few weeks
Link:
#MARAPIG
$BTC
#BTC
$MARA has mined OVER 700
#BTC
in January and has already mined more $BTC than ALL of the lesser publicly listed sh!t miners will mine this month!
MARA is the next
#MARA
and
#Bitcoin
is Inevitable!
#MARAPIG
$MARA was required to mark down the majority of the $BTC hodl down to $15,600 back in Nov 2022. This FASB rule change will add hundreds of millions of $$$ in value to the balance sheet!
@fgthiel
get Salman and the accounting teams cranking on early adoption for
#MARA
earnings!
BREAKING: 🇺🇸
#Bitcoin
to be recorded at fair value under new FASB rules issued today - Bloomberg
This is HUGE! ‼️
Previously companies could only value their bitcoin at the lowest price since they bought it, which meant they would have to record losses, but not the gains when
Fun Fact:
$MARA is the top allocation for the following ETFs:
$IBLC - Blackrock
$FDIG - Fidelity
$BITQ - Bitwise
$DAPP - VanEck
#MARA
$BTC
#BTC
#Bitcoin
Link:
$BTC Miners that are both CASH FLOW NEGATIVE and have CURRENT RATIOS below 1x include:
$CORZQ
#CORZQ
$WULF
#WULF
$ARBK
#ARBK
$SDIG
#SDIG
$ANY
#ANY
$GREE
#GREE
$MIGI
#MIGI
These companies are NOT GONNA MAKE IT (barring a miracle) & are diluting shareholders simply to survive
#MARA
has around 16k
#Bitcoin
in the HODL & over the past week the value has increased by $75m
$MARA Digital Assets (
#BTC
) were valued at $286.8m as of 9/30/23
When they apply FASB accounting thats around $500m in Net Profit they will claim (around +$2.00 EPS)
$BTC
#MARAPIG
Cramer just was asked about $MARA and said "i think you are rolling the dice....if you want to buy $BTC, buy Bitcoin" ....so he is still bearish!
INVERSE CRAMER IN PLAY!
#MARA
#BTC
#Bitcoin
Lots to digest today with the $MARA news related to the $KAS Proof of Work mining news
On the surface, committing 1% of capacity that had 95% margins when
#KASPA
was below $0.10 seems like a logical experiment (margins are higher now). Their 93m
#KASPA
bag is also up over 10%
$MARA announced that they now hold 26.2K
#Bitcoin
in the HODL!!
This means:
- Every $100 rise in
#BTC
= $2.62m for
#MARA
- Every $1,000 rise in
#BTC
= $26.2m for
#MARA
- Every $10,000 rise in
#BTC
= $262m for
#MARA
- Every $100,000 rise in
#BTC
= $2.62b for
#MARA
$BTC
#BTC
10 blocks mined in the last 24 hours!
40.6 eh/s implied hash today for MARAPOOL alone!!!
Note: this implied hash does NOT include mining from UAE, Paraguay, Other Pilots & Other Rewards from Foundrypool
Link:
$MARA
#MARA
#MARAPIG
$BTC
#BTC
#Bitcoin
$MARA , $DGHI & $BTDR have a realistic shot at NET PROFITABLE Q4 earnings (forget non-GAAP EBITDA)
All other miners will likely post NEGATIVE Q4s
This is based on Q3 "ALL IN Cost Per Coin" from SEC filings & the fact that the avg price of $BTC in Q4 was $36,296
#MARA
#Bitcoin
$MARA digital assets were valued at $639,660,000 on 12/31/23 with
#Bitcoin
at $42k (as per the recent 10k)
#MARA
digital assets are currently worth $1,061,129,107 with
#BTC
at $62k
The value of the $BTC on the balance sheet has increased by over $420m in the last two months!
Contrarian take:
#Bitcoin
in the $40k's through halving is an interesting world
ALL the shit miners who are not scaled or already profitable will start falling like dominos
The lesser
#BTC
miner crisis will be incredible to watch while
#MARA
dominates & consolidates
$MARA $BTC
Q4 = $151,826,00 NET PROFIT
2023 Full Year = $261,173,000 NET PROFIT
Would have been NET PROFITS of $33m even without FASB!!!
$MARA
#MARA
#MARAPIG
$BTC
#BTC
#Bitcoin
#FASB
Our Q4 and fiscal year 2023 results are here:
- Revenues Increase 229% to a Record $388 Million in 2023
- Net Income Improves to $261.2 Million, or $1.06 per Diluted Share, in 2023
- Adjusted EBITDA Improves to $419.9 Million in 2023
-
#BTC
Production Increases 210% to a Record
Flattered to see this chart picking up steam on X and the word spreading of Mara's mining dominance!!!
#MARA
is the next $MARA and
#Bitcoin
is inevitable!
$BTC
#BTC
@fgthiel
@MarathonDH
@MarathonDH
On behalf of all Mara shareholders, thanks for promptly informing the market and eliminating the opportunity for fear, uncertainty and doubt to set in from the legion of low IQ paid analysts who have anti-MARA agendas
If anyone with a $MARA short position needs a lot of shares to cover, I have ALL of my shares set to sell at $250 a share. Its the highest price that my trading platform would let me set up a limit sale. Hit me up!
Also, if you know you know
#MARA
#MARAPIG
$BTC
#BTC
#Bitcoin
Expecting the $MARA May Ops report tomorrow
Here are a few predictions:
- Over 616
#Bitcoin
mined
- Over 17,850
#BTC
in the HODL
- Over $250m in Cash on the Balance Sheet
- Effective Average Hash Rate over 24 eh with over 30 eh already installed
- Progress update on the ramp up
Fun Fact:
$MARA will report over $1 EPS and over $300m in GAAP Accounting Net Profit in Q1 2024
The total will actually be closer to $400m in NET PROFIT but I'm being ultra conservative with this prediction
Is that much profit good or nah?
#MARA
#MARAPIG
$BTC
#BTC
#Bitcoin
Live look at the fiat value of the $MARA HODL at the end of Q1
Digital Assets increased in value by over $590m in Q1 due to
#Bitcoin
rising from $42k to $71k & also due to newly mined
#BTC
GAAP Accounting NET Profit & EPS will be HUGE in Q1!
Note:
#MARA
applied FASB in 2023
Congrats to $CLSK for being the first company to apply FASB accounting rules to their hodl which led to a net profit instead of another net loss
Looking forward to seeing other miners with far larger hodls and far more gains on digital assets report their quarterly earnings next
#MARAPOOL
mined a block with OVER $1m in total transaction fees!
With
#RUNES
protocol just getting launched and this being a GAME CHANGER for
#Bitcoin
, its very safe to say that the market priced in the WRONG halving impact for
#MARA
$MARA
#BTC
Link:
Speculation time:
I noticed an inflow of 150
#BTC
today into one of the
#MARA
wallets that I am tracking
Last time there were inflows to this wallet was around the time that $MARA announced purchasing $250 million worth of $BTC ...
Is
@MarathonDH
still stacking
#Bitcoin
???
#MARAPOOL
mined 5 blocks in the last 6 hours including a MASSIVE
#SLIPSTREAM
block with OVER 3.3
#Bitcoin
in fees to go along with the 3.125
#BTC
block reward!
Link to Marapool:
Link to Slipstream Block:
$MARA
#MARA
#MARAPIG
$BTC
$MARA mined another block and has already mined over 207 $BTC in JUST 4 DAYS!!!!
#MARA
is pace for a record shattering month of production, has one of the lowest costs per coin in the entire industry and is likely to have ANOTHER profitable quarter with
#BTC
on a rocket in Q4!
Did $MARA sneakily deploy more hash during this stretch of downtime they recently experienced?
That's about 120 $BTC mined in the last 48 hours and an implied hash rate for just MARAPOOL that is consistently touching 40 eh/s....
#MARA
#MARAPIG
#BTC
#Bitcoin
10 blocks mined in the last 24 hours!
40.6 eh/s implied hash today for MARAPOOL alone!!!
Note: this implied hash does NOT include mining from UAE, Paraguay, Other Pilots & Other Rewards from Foundrypool
Link:
$MARA
#MARA
#MARAPIG
$BTC
#BTC
#Bitcoin
Assuming that $MARA announce 25K
#Bitcoin
in the HODL (give or take a few) with the cash they raised at 2.125% interest
This means that:
- Every $100 rise in
#BTC
= $2.5m for
#MARA
- Every $1,000 rise in
#BTC
= $25m for
#MARA
- Every $10,000 rise in
#BTC
= $250m for
#MARA
Interesting move by $MARA to sell new Senior Notes to institutions (similar to $MSTR)
$250m
#Bitcoin
at $60k is another 4k
#BTC
which will put the HODL at over 25k $BTC (currently at 21,075 BTC on balance sheet)
This also projects out to 30K Bitcoin
#MARA
HODL by end of 2024
With over 15.3k $BTC in the $MARA Hodl & $356.8m in cash as of a few days ago,
#MARA
now has over $1.02 billion on the balance sheet!
Every $100
#BTC
increase = $1,530,000
Every $1,000
#BTC
increase = $15,300,000
Every $10,000
#BTC
increase = $153,000,000
#MARAPIG
#Bitcoin
Michael Saylor has been selling 5k shares of $MSTR every market day this year & buying
#Bitcoin
with it
With
#MSTR
at $1,000 a share that's $5m in
#BTC
he is now buying each day, directly competing with ETFs to drain OTC desks and exchanges of $BTC
Legendary move by
@saylor
!
#MARA
has around 16k
#Bitcoin
in the HODL & over the past week the value has increased by $75m
$MARA Digital Assets (
#BTC
) were valued at $286.8m as of 9/30/23
When they apply FASB accounting thats around $500m in Net Profit they will claim (around +$2.00 EPS)
$BTC
#MARAPIG
#MARA
is currently at 699
#Bitcoin
mined with 12 hours left to add to September totals via
#MARAPOOL
$MARA has realized 33.3 eh this month and currently has 26,644
#BTC
on the balance sheet worth over $1.7 Billion!
Mara is the next Hyperscaler and Bitcoin is Inevitable!
Fun Facts:
Over the last 7 days,
#MARA
has mined ~201
#Bitcoin
Global hash has averaged 648.5 eh w/ 9.7% txn fees - so 450
#BTC
a day in block rewards plus 43.6 $BTC a day in fees
Post halving, $MARA has received 5.8% of all
#BTC
mined which is an implied hash rate of 37.7 eh
Must watch and rewatch / relisten for every $MARA shareholder
This is my favorite Fred interview in ages
Full of fundamental alpha and a lot of great insights into open questions that many of us have
#MARA
#MARAPIG
$BTC
#BTC
#Bitcoin
I noticed this great question that was just submitted by a shareholder for $MARA Q1 earnings
If you are also interested in having
#MARA
leadership answer this question during the Q1 earnings call next week, please give it an upvote
Direct link:
#MARA
received 1,488
#Bitcoin
this week after sending out 1,400
#BTC
earlier in the month
Speculation: $MARA may have hedged while
#BTC
was around $70k and closed it out and received an additional 88 $BTC and possibly some cash to cover Ops in profits. $MARA also may have
June
#Bitcoin
Mining Ops Report PREDICTIONS for the miners that are expected to announce at least 100
#BTC
mined based on rewards and HODL wallets that I am tracking:
Disclaimer: Not Financial Advice. Be aware that Rewards Wallets are subject to change. June Ops Reports will
ALERT!
DAILY PRODUCTION RECORD WATCH IS BACK ON!!
$MARA has mined over 100 $BTC in the last 18 hours!!!
#MARA
only needs to mine about 25 more
#BTC
in the next 6 hours to break the daily record!!!
#Bitcoin
@fgthiel
@MarathonDH
$MARA has officially beaten its previous 24 hr production record of 116 $BTC which was set by
#MARA
on September 16, 2023.
In the last 24 hrs, MARA has mined over 125.85
#BTC
!
#Bitcoin
@fgthiel
@MarathonDH
About 35 mins into this interview, $MARA CEO
@fgthiel
describes how
#MARA
is playing chess while his peers are playing checkers
Fred describes the "Tech Stack" & "Energy Harvesting" which leads to zero cost power by being paid to mine
#Bitcoin
Link:
My big takeaways from today's announcements:
$MARA is officially a global player with a large scale government partnership locked in
This deal will give
#MARA
access and insight to data across the country of Kenya which will allow them to strategically target development and
WTF Time 🤷♂️👀
In the couple of years that I have been paying attention to
#MARAPOOL
, this weekend was by far the most back-to-back blocks I have ever seen $MARA mine in a short period of time
Back-to-back blocks happens from time to time and
#MARA
also has had three blocks in
In Q4 $MARA had a TOTAL Revenue of $156,768,000 and delivered a GAP Accounting NET PROFIT of $151,826,000 (no adjustments, no EBIDTA)
So it cost $MARA $4,942,000 to mine 4,242
#Bitcoin
That's an ALL IN Cost Per Coin (with FASB) of $1,165 per
#BTC
mined
#MARAPIG