MARA Dumps $1.1 Billion In Bitcoin To Cut Debt By 30%
MARA Holdings said they sold 15,133 Bitcoin for approximately $1.1 billion between March 4 and March 25 to fund the repurchase of its 0.00% convertible senior notes.
MARA, a Nasdaq-listed Bitcoin miner expanding into digital energy and
AI infrastructure, announced a major balance sheet restructuring on Thursday.
The company said they sold 15,133 Bitcoin for approximately $1.1 billion between March 4 and March 25 to fund the repurchase of its 0.00% convertible senior notes due 2030 and 2031.
The company will repurchase $367.5 million
MARA Holdings said they sold 15,133 Bitcoin for approximately $1.1 billion between March 4 and March 25 to fund the repurchase of its 0.00% convertible senior notes.
MARA, a Nasdaq-listed Bitcoin miner expanding into digital energy and
AI infrastructure, announced a major balance sheet restructuring on Thursday.
The company said they sold 15,133 Bitcoin for approximately $1.1 billion between March 4 and March 25 to fund the repurchase of its 0.00% convertible senior notes due 2030 and 2031.
The company will repurchase $367.5 million
24 days ago
