#SEC #BTC #MM #RAISE Bitcoin Miner Files From S-3 to SEC; Plans To Raise $750 Million
Last week, Bitcoin surged beyond $34,000, marking a 106% increase for the year, followig a challenging crypto winter in 2022.
Simultaneously, Bitcoin miner Marathon Digital, trading as MARA on the Nasdaq stock market, experienced an increase in its stock market, experienced an increase in its stock price. According to a Form S-3 filing to the U.S. Securities and Exchange Commission, Marathon Digital is planning to raise #750 million through a hybrid equity offering.
At the end of September, the firm possessed 13,726 Bitcoins, while generating more than 1,000 Bitcoins monthly. with the new funds, Marathon Digital will expand its operational capacity and invest in acquiring new mining equipment.

#BTC #MM #READ The Dawn of the Real Bull Market: Navigating Through the Noise
Bitcoin's volatility is both its allure and its bane. For many investors, the digital currency's price movements can be a roller coaster of emotions. Yet, for those who have been observing closely, the narrative seems clear the real bull market is still on the horizon.
There's increasing chatter in the crypto community about the emergence of a pre-bull phase for the uninitiated, this is essentially a period of relatively sideways movement, acting as a precursor to a potentially explosive bull run. if this analysis holds true, the crypto market is currently in this pre bull state

#RES #MM KMB Stock (NYSE: KMB) Initiated Pullback, Will Bulls Escape $125?
Kimberly Clark Corporation (NYSE: KMB) KMB share price has shown a correction and has retested the demand zone of $115. The hammer candlestick was formed on the base along with a reversal. However, the KMB stock price is close to the barrier of $125, near the 100 day EMA. Bulls need to surpass the immediate hurdle to extend the buying momentum to reach the supply zone of $130. However, the falling trendline acts as a strong resistance.
KMB stock price is trading near the neutral region and has surpassed the 50 day EMA indicating the buying interest developed in the last trading sessions. Amid the correction, KMB stock did not fall much and has trapped the bears in the past sessions. Per the options chain, at the strike price of $122, there is a massive open interest of 410 hundred shares on the call side, whereas at the put side only 135 hundred shares.
At press time, KMB stock price was $123.09 with an intraday gain of 0.19% showing neutrality on the charts. Moreover, the trading volume increased by 0.67% to 2.14 Million and the market cap is $41.627 Billion. Furthermore, analysts have maintained a neutral rating with a yearly target price of $131.09 suggesting a growth outlook.
Kimberly-Clark Corp. engages in the manufacture and marketing of products made from natural or synthetic fibers. It operates through the following segments: Personal Care, Consumer Tissue, and K-C Professional. The Personal Care segment offers disposable diapers, training and youth pants, swim pants, baby wipes, feminine and incontinence care products, and other related products. The Consumer Tissue segment produces and sells facial and bathroom tissue, paper towels, napkins, and related products for household use.