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Bitcoin Miner MARA To Raise $700M Accelerating BTC Buying Plan

source-logo  coingape.com 21 h

Leading Bitcoin miner MARA has once again caused a market frenzy, revealing plans to raise $700 million in an effort to accelerate its BTC buying plan. Notably, the firm revealed on Monday that it intends to offer a private offering worth $700 million in 0% convertible senior notes due 2031, primarily to qualified institutional buyers. This mover, riding the heels of the miner’s colossal buying witnessed previously, has in turn echoed significant market optimism surrounding the flagship crypto.

coingape.com