MARA Holdings has announced a private offering of $700 million in convertible senior notes due 2030. 📉

- Buyers have the option to purchase an additional $105 million in notes.

- $200 million will be used to buy back 2026 notes.

- The remaining funds will be earmarked for Bitcoin accumulation and general needs.

The notes can be converted into cash or stocks. Interest will be paid semi-annually. However, the markets did not like the news; the stock price fell 5% to $19.97. 💬 Share your thoughts in the comments!