MARA acquires $1.5B in Bitcoin to date with convertible notes
It’s beginning to look like a race as miners scramble to buy Bitcoin before the price keeps rallying. Go to Source
MARA
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MARA Purchases 15,574 Bitcoin in Q4, Raises Net Holdings to 44,394 BTC Worth $4.45 Billion
MARA Holdings has purchased 15,574 bitcoin worth $1.53 billion at approximately $98,529 per bitcoin using the proceeds from its zero-coupon convertible notes offerings. In November and December, the zero-coupon convertible notes generated $1.925 billion for MARA along with the repurchase of approximately $263 million in principal amount of its current convertible notes due in 2026. … Read more
CleanSpark to raise $550M via bond, not buy BTC with proceeds
CleanSpark joins the crowd in raising funds through convertible notes, but doesn’t plan to invest the proceeds. Go to Source
MARA Holdings buys another $1.1 BTC, hits industry-first 50 EH/s
MARA’s shares closed down 4.4% on the day after announcing it had purchased nearly 11,800 Bitcoin and boosted its hashrate to an industry record. Go to Source
JPMorgan raises price targets on Bitcoin mining stocks
The increases partly reflect a “HODL premium” akin to MicroStrategy’s, the analysts said. Go to Source
MARA Acquires 1,423 Bitcoin After Completing $850M Convertible Bond Issuance
MARA’s recent acquisition of more bitcoin maintains its outlook on bitcoin as both a store of value and a hedge against inflation. MARA Makes Another Big Bitcoin Purchase MARA Holdings acquired 1,423 bitcoin (BTC) worth $139.5 million at the time of purchase, following the completion of its $850 million convertible bond issuance. According to onchain … Read more
MARA rolls out advanced ASIC recycling with wind power
The Bitcoin miner will save energy and money by using excess wind power and recycled ASICs at its newly purchased facility in Texas. Go to Source
MARA Holdings Bets Big: $700M Notes Issued to Fuel Bitcoin Expansion
MARA has proposed a further $700 million convertible senior note offering to buy more bitcoin and buy back some of its current notes. MARA Holdings Wants More Bitcoin Bitcoin miner MARA Holdings has revealed plans to buy back existing notes with the goal of buying more bitcoin through a second proposed private offering of $700 … Read more
MARA Holdings acquired over $600M Bitcoin in the last two months
MARA Holdings urged the US government to be more aggressive in securing positions in Bitcoin and Bitcoin mining. Go to Source
MARA purchases 6,474 Bitcoin with convertible notes offering
According to Bitcoin-only financial services firm River, 62 publicly traded companies use a Bitcoin treasury strategy as of November 2024. Go to Source
