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 U.S. Strategic Bitcoin Reserve, Crypto Stockpile a ‘Pivotal Moment’ for Industry: KBW $1 Billion Filing by Bakkt Hints at Bitcoin Treasury Ambitions Bybit partners with Doppler Finance to launch XRP yield products About The Author DogeMan