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The decline of the bitcoin miner’s shares because of the SEC’s subpoena and convertible debt offering is “overdone,” according to the firm.
Updated Nov 16, 2021 at 5:24 p.m. UTC
![](https://cloudfront-us-east-1.images.arcpublishing.com/coindesk/HPKJXHCC3JBKHMZYYF7323GNAY.jpg)
Marathon Digital CEO Fred Thiel (CoinDesk “First Mover” screenshot)
Updated Nov 16, 2021 at 5:24 p.m. UTC
Marathon Digital CEO Fred Thiel (CoinDesk “First Mover” screenshot)
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