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Based on the long-short momentum strategy (with 30 long and 10 short positions), MARA is in the top 30 performing companies in Nasdaq available on this platform. Short-term and long-term momentum show a positive trend, therefore we buy the stock.
Bitcoin has currently been hitting new all time highs and I think there is still a lot of room to go higher. There is currently a massive supply chain shock happening as 13 billion dollars worth of bitcoin is being transferred out of exchanges.
$MARA is one of the biggest cryptocurrency mining companies out there with a heavy focus on bitcoin mining. I think this is a great way to get exposure on crypto bullrun that is happening right now through the stock market for the next couple of months. Because $MARA has previously heavily correlated the price of bitcoin.