MARA Set to Raise Another $1 Billion to Buy Bitcoin

11 months ago 148

MARA is set to raise $1 billion by issuing new zero-interest convertible notes due in 2031, further doubling down on MicroStrategy’s strategy of stockpiling Bitcoin. On Monday, MARA announced plans to issue $700 million in convertible notes, with an option for initial buyers to purchase an additional $105 million. Due to oversubscription, the offering was […]

The post MARA Set to Raise Another $1 Billion to Buy Bitcoin appeared first on TheMinerMag.

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