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Bitcoin Miner MARA To Raise $700M For BTC Purchase

source-logo  coingape.com 18 November 2024 22:09, UTC
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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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