【MARA Plans to Issue Zero-Coupon Convertible Preferred Notes to Raise $700 Million for Purchasing BTC】According to a report by Golden Finance, NASDAQ-listed Bitcoin mining company MARA announced its plan to issue zero-coupon convertible preferred notes to raise $700 million, with the proceeds primarily intended for purchasing Bitcoin and repurchasing existing convertible notes maturing in 2026. In addition, MARA expects to use up to $50 million of the net proceeds from the sale of the notes to privately negotiate the repurchase of some of its existing convertible notes maturing in 2026, while the remaining net proceeds will be used to buy more Bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, existing asset expansion, and repaying additional debt and other outstanding liabilities.