$MARA Holdings(MARA)$

MSTR holds 340,000 coins, while MARA holds 34,000 coins, plus 40E hash rate. The market value difference is also about 10 times, so the market pricing seems quite reasonable. However, the costs are different. MSTR bought at a lower price, with an average cost of about 5.8, less than 60,000. MARA bought at a higher price, with an average cost of nearly 90,000. The mining cost is about 77,000. Moreover, MARA's financing capability is limited and cannot exceed that of MSTR.

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