Bitcoin mining company MAMA plans to privately issue $250 million in convertible senior notes

See original

LIVE

Binance News

--・Verified Binance official account

AI Summary

Bitcoin mining company MAMA plans to issue $250 million in convertible senior notes to purchase more Bitcoin to expand its mining business. This move shows that the Bitcoin mining industry continues to expand and mining companies are optimistic about the future prospects of the Bitcoin market.

According to Odaily Planet Daily, Bitcoin mining company MAMA (Marathon Digital) plans to sell convertible senior notes totaling US$250 million to qualified institutional buyers through a private placement, subject to market conditions and other factors.
The note will mature in 2031, and the $250 million raised will be used to purchase more Bitcoin.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

59,243.98

+0.94%

Replies 0

Latest News

Trending Articles