James Van Straten
James Van Straten|Apr 16, 2026 16:36
MARA is up 35% since Quinn said "death spiral is imminent" for the company. The unwinding of bitcoin as a balance sheet asset for mining companies has been underway for over two years. (60k BTC were sold in 2022 by public mining companies). I'm not a MARA shareholder, but anyone that has been in this space knows MARA is a better buy now as an AI company than a bitcoin company. It was smart to remove the converts, and therefore the shorts that are hedged as a result.(James Van Straten)
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