馃殌 MARA Holdings, the Bitcoin mining giant on Wall Street, has successfully closed an $850 million offering in convertible notes!
- The goal: to acquire more Bitcoin and repurchase existing convertible notes.
- The notes, with no interest, will mature in 2031 and can be converted into cash or shares.
- MARA already owns 34,794 BTC, valued at $3.3 billion, solidifying its position as the second largest corporate holder of Bitcoin.
What do you think about this strategy from MARA? 馃挰 Let us know your comment!