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MARA Holdings Cut to Sell at Compass Point Ahead of Earnings, Citing Cash Burn
coindesk.com/markets/2025/05/06/marathon-digital-downgraded-to-sell-at-compass-point-citing-unsustainable-cash-burn
Investment bank Compass Point downgraded MARA Holdings (MARA) to a sell rating from neutral on Tuesday, citing unsustainable cash burn.
“There's better ways to get BTC beta,” analysts wrote in the research note, pointing to Marathon’s hash price, now below 5.5 cents, as a signal of…
This story appeared on coindesk.com, 2025-05-06 16:20:22.