Supertree

$MARA - Management KPIs are finally tracking ARR instead of hash rate, and the balance sheet is normalizing. Next hurdle is fixing the unimpressive Board of Directors: The seven-member board is too small/insular for a $3.5B pivot. We need to expand and cut the deadweight: a) Janet George (Mastercard EVP of "AI"): Focuses on fintech "Agentic Commerce." Useless for 100MW HPC infrastructure deals. (Locked until 2027) b) Barbara Humpton (Retired Siemens): Ex-CEO with zero current juice to jump turbine supply lines. Legacy prestige won't fix power bottlenecks or help find customers. (Locked until 2027) c) Vicki Mealer-Burke (Ex-Qualcomm Chief Diversity Officeer): Diversity Officers don’t mine blocks or build infra on time / on budget. MARA needs technical grit, not HR-centric optics and DEI fluff. (VICKI IS UP FOR ELECTION THIS JUNE. Shareholders should vote NO.) d) The 5-Year Failure: Vets Jay Leupp & Georges Antoun have overseen an 80% stock collapse since 2021. They’ve sat on audit/comp while shareholders bled. They are locked until 2028. The Problem: MARA uses a Classified Board, meaning you can't fire them all at once. That creates a shield of mediocrity: The Solution: A Two-Pronged Attack --> >VOTE NO on Vicki Mealer-Burke in June: Send a clear message that "Diversity & Culture" experts have no place on the board of a struggling infrastructure firm. >EXPAND THE BOARD NOW: Do not wait for the staggered terms to expire. Add at least one new seat ASAP. Active Power Traders or HPC Engineers preferred. Less ESG, more MW. $MARA

Google published a 57 page paper on quantum vulnerabilities in cryptocurrencies. One line from it is getting most of the attention: 👉 A first gen CRQC could solve secp256k1 in 9 minutes on average. That is a meaningful data point, but it is also only one part of the picture.

$MARA has always been the target of FUD campaigns, but there's a recent sudden surge and it is incredibly fishy. I dug more into the nature of these 'waves', and the pattern I uncovered was fascinating. Could this be the hidden signal nobody is noticing? A thread. 🧵 (1/15)

JUST IN: 🇺🇸 David Sacks' term as President Trump's crypto and AI czar ends.