Bitcoin Miner MARA To Raise $700M For BTC Purchase

Quick Summary:

MARA Holdings announced a $700 million private offering of convertible senior notes maturing in 2030.

Qualified institutional buyers can purchase the notes, with an option to acquire an additional $105 million.

Proceeds will fund Bitcoin accumulation, corporate expansion, strategic acquisitions, and debt repayment.

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Article Details

Author / Journalist: Teuta Franjkovic

Category: Crypto

Markets: IndiaJapan

Topics: Bitcoin News MARA 24/7 Cryptocurrency News Bitcoin holdings Bitcoin Miner

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 14:06:10 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 394 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23661292

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 33 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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