MARA's Mining Expansion: The Bull Case Is Still Strong Let’s not forget that behind the price swings of $MARA, there’s an actual business model here. Marathon has been expanding its mining capacity like crazy, and that’s where the value lies if you ask me. They’re constantly buying up new ASIC miners, and that hashrate is growing like a monster.
They’ve been adding new data centers and making moves toward more sustainable energy solutions, so they’re positioning themselves as one of the big players in the industry for the long-term. I think the market is underpricing that future potential because right now everyone is fixated on Bitcoin’s price, but if they can continue scaling their operations, they’ll be ready for the next major bull cycle.
Yeah, it’s volatile, but long-term, I like what I’m seeing with $MARA’s infrastructure and growth plans. I’ll keep accumulating shares when it dips, because this could be a solid play in a couple of years, even if short-term it’s a bumpy ride.