PANews reported on December 19 that according to official news, Bitcoin mining company MARA has disclosed data showing it raised $1.925 billion through convertible notes in November and December and purchased 15,574 BTC at an average price of $98,529, worth about $1.53 billion, and repurchased approximately $263 million of its existing convertible notes maturing in 2026, with expectations to use the remaining proceeds to purchase more Bitcoin.
MARA has achieved a QTD return rate of 22.5% and a YTD return rate of 60.9%. As of December 18, 2024, MARA holds 44,394 BTC, valued at approximately $4.45 billion based on the current spot BTC price of $100,151.
