#MARA Holdings Raises $850 Million Through Convertible Note Offering for Bitcoin Purchase
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MARA Holdings Raises $850 Million Through Convertible Note Offering for Bitcoin Purchase
MARA Holdings, Inc. has successfully acquired 5,771 bitcoin at an average price of $95,554 per BTC, utilizing funds from its recent zero-coupon convertible note offering. This strategic acquisition increases the company’s total bitcoin holdings to approximately 33,875 BTC, currently valued at $3.4 billion based on a spot price of $99,000 per BTC. The convertible note offering, initially set at…
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