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Mara Holdings to Raise $1B via Convertible Notes for Bitcoin and Expansion - CryptoShrypto
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The Bitcoin-Mining company MARA Holdings plans to collect another USD 850 million on the capital market. This will restructure debt and further increase the Bitcoin stock. Source: BTC-ECHO BTC-ECHO
Mara Holdings to Raise $1B via Convertible Notes for Bitcoin and Expansion - CryptoShrypto
Mara Holdings, one of the largest publicly traded cryptocurrency mining firms, announced plans to raise up to $1 billion through the sale of convertible senior notes, with part of the proceeds allocated for Bitcoin purchases and corporate growth. In a statement released Wednesday, the company revealed it will issue $850 million in convertible senior notes due in 2032 to qualified institutional buyers. Investors will also be granted an option to …
Mara Holdings, one of the largest publicly listed Bitcoin mining companies, has launched a bold financing plan: the company aims to raise up to $1 billion through a debt sale to support its Bitcoin acquisition strategy and operational needs. The Mara Holdings article anticipates a sale of $1 billion to buy more bitcoin appeared first on Cointribune.
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