Bitcoin Miner MARA Unveils $700M Convertible Notes Offering

Quick Summary:

Bitcoin Miner MARA Holdings has announced a private offering of convertible senior notes with a maturation date of 2030, with a plan to raise $700 million.

The notes, which come with an option to buy an extra $105 million, are available to eligible institutional purchasers.

Moreover, modern Bitcoin mining has become more profitable as miners wait for $100K.

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Article Details

Author / Journalist: Ashfaq

Category: Crypto

Markets: United Arab EmiratesSouth Korea

Topics: Bitcoin Bitcoin News BTC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 16:08:36 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 292 words

Reading Time: 2 minutes read

Sentences: 28 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 23671971

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 46 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

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