ChainCatcher message, according to the official announcement, bitcoin mining company MARA Holdings announced that it has increased its holdings by 703 bitcoins through the issuance of $1 billion in zero-coupon convertible preferred notes, bringing the total number of bitcoins acquired through this issuance to 6,474, with an average purchase price of $95,395. The year-to-date return per bitcoin is 36.7%.
Currently, MARA Holdings holds approximately 34,794 bitcoins, valued at around $3.3 billion based on the current bitcoin price of $95,000. MARA has repurchased part of the $200 million bonds maturing in 2026; after deducting transaction costs, the remaining proceeds are approximately $160 million, which can be used for future purchases when bitcoin prices fall.
