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The Daily Hodl 2024-08-14 14:30:02

Bitcoin Holder Race On? Mining Giant Marathon Announces Plan To Raise $250,000,000 To Acquire Additional BTC

Bitcoin mining firm Marathon (MARA) is unveiling a plan to spend hundreds of millions of dollars to bolster its BTC stockpile. In a new press release, Marathon says it intends to privately offer $250 million worth of convertible senior notes due in September 2031 to “persons reasonably believed to be qualified institutional buyers.” “The notes The post Bitcoin Holder Race On? Mining Giant Marathon Announces Plan To Raise $250,000,000 To Acquire Additional BTC appeared first on The Daily Hodl .

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