Marathon Digital (From Last Week) Is Likely A Solid Proxy For What Riot Platforms Will Post In Losses Tonight…

After a completely inexplicable one week unscheduled delay in loss results… finally, the tale will be told by tonight.

But just as its ’34 Act company peer Marathon posted a hideous Q2 a few days ago, Riot will likely post the worst quarter in its hapless history, this evening.

It will likely have lost more money this quarter than last quarter — its prior all-time worst quarter. The stock is off almost 5% on the morning — and trading with a $19-something handle, now. [Didn’t TaTech predict a… $50 handle, before it ever hits $10, again?! Heh.] Remind me: is $20 closer to $10… than it is to… $50?

Hilarious. See you this evening.

नमस्ते

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