Marathon Digital: Why We Hold — and Why Patience May Soon Pay Off
- Zackary

- Oct 1
- 10 min read
We initiated our position in Marathon Digital (MARA) on November 8, 2024. From the outset, our view has been that Bitcoin miners would eventually have their moment in this cycle. The stock did experience a brief run not long after we entered, but that wasn’t the move we were targeting. Our conviction remains that when the real move comes, MARA will be at the front of the pack — and the market will reward miners not just fairly, but meaningfully, after having overlooked them for so much of this cycle.
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