MARA Trades at a Premium Factoring in Its Debt, Not a Discount: VanEck’s Sigel Posted On December 5, 2025 VanEck’s Matthew Sigel argues MARA’s valuation looks expensive when adjusted for its leverage and capital structure. Tags:Crypto, Doge, News Related Posts Fusaka Cementing Ethereum’s Role as On-Chain Finance Settlement Layer: Bitwise Singapore’s largest bank DBS to debut tokenized structured notes on Ethereum Interview | Algorand bets on gamification to grow retail community About The Author DogeMan