Crypto miner MARA wants US moving quicker to gobble up Bitcoin
MARA Holdings says there will soon be a heated race among nations to gather Bitcoin, and the US needs to step up its game. Go to Source
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MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering
MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible senior notes set to mature in 2030. Nasdaq Listed Bitcoin Miner MARA Buys 5,771 Bitcoin Following Sale of Convertible Notes MARA Holding, listed as MARA on Nasdaq, stated that the funds will go toward acquiring … Read more
MARA Plans $700 Million Convertible Notes Offering to Fund Bitcoin Purchase
MARA Holdings, Inc., a Nasdaq-listed bitcoin mining firm, has announced plans for a $700 million private offering of convertible senior notes due in 2030. MARA Holdings Proposes $700 Million Convertible Notes Offering MARA Holdings (Nasdaq: MARA) disclosed on Nov. 18 that the proposed offering is intended for qualified institutional buyers under Rule 144A of the … Read more
MARA Holdings falls 9% after-hours after Q3 revenue miss
Mara Holdings posted a net loss for Q3 and missed analyst revenue estimates despite mining more Bitcoin blocks and boosting its energized hashrate by 17%. Go to Source
Made in USA: Mara Expands Mining Capacity, Bets Big on Bitcoin’s American Future
Mara, a publicly traded, U.S.-based mining conglomerate listed on Nasdaq, has announced a new expansion of its Bitcoin mining sites in the country. Two sites have already been acquired, and one is in development in Ohio, which will provide the company with 372 megawatts that will be fully energized by 2025. Mara Bets on U.S. … Read more
MARA Reports 2% Increase in Bitcoin Mining for October 2024; Transaction Fees Account for 5% of Total Production
MARA (NASDAQ: MARA) has released its unaudited Bitcoin production update for October 2024, reporting a total production of 717 Bitcoin, which represents a 2% increase compared to the previous month. The company’s energized hash rate increased by 14% to reach 40.2 EH/s, marking the highest production month since the Bitcoin halving event in April. Despite … Read more
Understanding Bitcoin Treasury Strategies: Insights From Public Bitcoin Miners Like MARA
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 11, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the editorial, readers discover how MARA Holdings, the largest Bitcoin mining company by market cap, strategically accumulates BTC, outperforming … Read more
Nasdaq-Listed Bitcoin Miner MARA Secures $200 Million Line of Credit to Fuel Strategic Growth
MARA, a large publicly traded bitcoin miner, has announced the successful acquisition of a $200 million line of credit, collateralized by a portion of its bitcoin holdings. This substantial funding will empower the company to pursue strategic growth opportunities and support various corporate initiatives as it continues to solidify its position in the digital asset … Read more
Microstrategy’s Stock Surges 185% in 2024, Outpacing Bitcoin Holdings
On Tuesday, while bitcoin dipped more than 2% against the U.S. dollar, shares of the business intelligence firm Microstrategy soared over 6% from the day before. The company’s stock has outpaced bitcoin’s performance this year, climbing over 185% since January compared to bitcoin’s 47% increase. Microstrategy’s Stock Climbs 185% Year-to-Date, Other Firms Test the Holding … Read more
MARA Launches Pilot to Harness Shale Gas for Bitcoin Mining Operations
MARA, one of the largest bitcoin miners in the public market, has kicked off an exciting new pilot program aimed at powering its operations with excess natural gas from U.S. shale, as noted in a report from Reuters. This initiative emerges amidst an ongoing battle for electricity between artificial intelligence (AI) data centers and bitcoin … Read more
