Golden Finance reports that Bitcoin mining company MARA raised $1.925 billion through convertible notes in November and December. Using the proceeds from its zero-coupon convertible note issuance, MARA acquired 15,574 Bitcoins at a price of approximately $98,529 per Bitcoin, worth about $1.53 billion, and repurchased approximately $263 million of existing convertible notes maturing in 2026, and expects to use the remaining proceeds to purchase more Bitcoins. MARA's BTC yield is 22.5% QTD and 60.9% YTD. As of December 18, 2024, MARA holds 44,394 BTC, currently valued at $4.45 billion based on a spot BTC price of $100,151.