Get members-only videos every month:https://www.youtube.com/@Bitcoin_University/joinIn this video, I discuss Marathon Digital Holdings (MARA), a US Bitcoin mining company that continues to innovate at the cutting edge of corporate stupidity.In the past, MARA has participated in OFAC censorship, spammed the chain with inscription garbage that crowds out legitimate monetary transactions, and now in a final act of desperation is mining shipcoins.To add injury to insult, MARA management's compensation continues to rise, even as the stock price continues to fall.Short sellers would seem to agree with this analysis, and there is a very real chance that this company does not survive.Not investment advice! Consult a financial advisor.Marathon Digital (MARA):https://en.wikipedia.org/wiki/Marathon_Digitalhttps://ir.mara.com/corporate-governance/board-of-directorshttps://crypto.marketswiki.com/index.php?title=Marathon_Patent_GroupMARA pool controls 4% of the hashrate:https://mempool.space/miningOFAC compliance:https://ofac.treasury.gov/https://ir.mara.com/news-events/press-releases/detail/1239/marathon-digital-holdings-becomes-the-first-north-americanMARA stops censoring real Bitcoin transactions:https://www.theblock.co/linked/106865/marathon-ofac-bitcoin-mining-pool-taprootMARA starts spamming the chain:https://theminermag.com/news/2024-06-20/marathon-bitcoin-slipstream-video-inscription/MARA mining shipcoins:https://www.mara.com/learn/mara-diversifies-revenue-streams-with-kaspa-mining-and-expands-leadership-in-digital-asset-computeMARA income statement:https://finance.yahoo.com/quote/MARA/financials/MARA executive compensation:https://www.morningstar.com/stocks/xnas/mara/executiveMARA proxy statement to increase management compensation:https://ir.mara.com/sec-filings/all-sec-filings/content/0001493152-24-024436/0001493152-24-024436.pdfChart of MARA shares outstanding:https://ycharts.com/companies/MARA/shares_outstandingMARA high short interest:https://finance.yahoo.com/quote/MARA/key-statistics/I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #MARA #bitcoinmining Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=QdPUwW4hsjU