Marathon Digital has completed the issuance of bonds worth $1 billion with an interest rate of 0%, maturing in 2030. Buyers have the option to convert the bonds into cash, shares, or a combination of both.
The company stated that the majority of the raised funds will be used to purchase additional Bitcoin, while also supporting the company's general purposes. Marathon Digital is currently one of the largest Bitcoin mining companies in the world and is the second-largest holder of Bitcoin, only after MicroStrategy, with a holding of 27,945 BTC.
