According to official news, Nasdaq-listed Bitcoin mining company MARA announced plans to issue zero-interest convertible senior notes to raise $700 million, with the proceeds mainly used to purchase Bitcoin and repurchase 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 repurchase a portion of its existing convertible notes maturing in 2026 through privately negotiated transactions, with the remaining net proceeds used to purchase more Bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding obligations.