Jefferies reports a solid quarter for Bitcoin miner MARA but indicates limited potential for future growth. The firm acknowledges the company’s recent performance, highlighting its resilience in a challenging market. However, Jefferies expresses caution regarding the overall outlook for MARA, suggesting that significant upside may be constrained. Analysts note that while the current quarter shows promise, the broader market conditions could impact future profitability. Investors are advised to consider these factors when evaluating MARA’s potential moving forward.
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