MARA Holdings announced the issuance of $700 million in zero-coupon convertible bonds due in 2030. 🎉 The funds will be used to repurchase some of the 2026 bonds and to purchase bitcoins, as well as for general corporate purposes.
MARA aims to improve its balance sheet by replacing short-term liabilities with long-term ones while continuing to invest in digital assets. This move reflects a trend among companies like MicroStrategy. 📈