#MarketPullback Marathon Digital (MARA) is doubling down on its Bitcoin strategy with a massive $2 billion stock sale. The company, already one of the largest Bitcoin miners, plans to use the proceeds to acquire even more BTC. This move suggests they are betting heavily on Bitcoin's future price appreciation, especially with the upcoming Bitcoin halving event in April 2024.

This aggressive accumulation strategy aligns with Marathon’s previous actions, where they’ve focused on expanding mining operations and increasing their Bitcoin reserves instead of selling mined BTC for operational expenses.

What do you think—smart play or risky gamble?