OT: I started DCAing into MARA...it's cost of production is 28K/btc and they hold large amounts of bitcoin as well.
I expect this stock to be "explosive" in any decent bitcoin run, outperforming bitcoin itself.
Mainly, a trading vehicle for me, though, to complement btc.
Interesting.
Looking at the chart, MARA shares were trading around $0.40 during the COVID flash crash and peaked in November 2021 (along with BTC) at $76, representing an almost 180x increase. In comparison, BTC went from $3K to $69K (23x). This means MARA outperformed BTC by nearly 8 times over that period.
We are currently near the bottom of the 52-week chart, making it a potentially strong risk-reward play to complement BTC holdings.