Core Viewpoint - MARA Holdings Inc (NASDAQ:MARA) has experienced significant volatility, with a notable rally in the second half of 2025 followed by a sharp decline of approximately 60% from mid-October onward, making it an intriguing candidate for contrarian investment strategies [1]. Group 1: Market Conditions and Performance - The blockchain market is currently struggling, impacting crypto-adjacent enterprises like MARA, which are facing challenges amid fears of a bubble in artificial intelligence [5]. - In the last 10 weeks, MARA stock has only recorded three weeks of gains, indicating a downward trend [6]. - Historical data shows that during similar patterns, MARA stock tends to exhibit reflexive behavior, potentially leading to a perception of undervaluation among investors [6]. Group 2: Quantitative Analysis - An analysis of MARA's historical performance reveals a quant pattern labeled as 3-7-D (three up weeks, seven down weeks), which could indicate a structural arbitrage opportunity [7]. - Typically, MARA stock has ranged between $9.02 and $9.62 over most 10-week periods since January 2019, with a probability density peak around $9.32, suggesting a negative bias [8]. - The current quantitative signal suggests that forward 10-week returns could range between $8.50 and $10.50, with a peak probability density at approximately $9.65, indicating a potential mispricing compared to Wall Street's expectations [9]. Group 3: Trading Strategy - The expected terminal value of MARA stock is around $9.65, but there is a potential for it to close a 3.63% gap to the $10 price point, which is statistically significant given the stock's volatility [10][15]. - A proposed trading strategy involves a 9/10 bull call spread expiring on February 20, 2026, with a net debit of $50, allowing for speculation on MARA stock rising above the $10 strike price at expiration, potentially yielding a 100% profit [17].

Core Viewpoint - The Canadian province of British Columbia is set to implement a permanent ban on new cryptocurrency mining operations that connect to its electricity grid, impacting the mining industry in the region [1] Group 1: Regulatory Impact - The regulation signifies a significant shift in the province's approach to cryptocurrency mining, aiming to manage energy consumption and environmental concerns [1] - This ban could deter new investments in cryptocurrency mining within British Columbia, potentially leading to a decline in the local mining industry [1] Group 2: Industry Response - Miners currently operating in the region may face challenges in expanding their operations or may need to seek alternative energy sources [1] - The decision reflects broader trends in regulatory scrutiny of cryptocurrency mining practices across various jurisdictions [1]

As filed with the Securities and Exchange Commission on March 20, 2024 Registration No. 333-272274 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Amendment No. 4 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 MERCURITY FINTECH HOLDING INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Cayman Islands 6199 Not Applicable (I.R.S. Employer I ...