Odaily Planet Daily News📈: Bitcoin mining giant MARA Holdings strikes again, increasing its convertible senior note issuance from $700 million to $850 million! This issuance is specifically intended for qualified institutional buyers and is expected to close on November 20. The notes will mature on March 1, 2030, with a conversion price at a 42.5% premium to the current stock price, which is noteworthy.

MARA plans to use the raised $833 million to repurchase some notes maturing in 2026 while also heavily investing in Bitcoin acquisitions and asset expansion. This move demonstrates MARA's firm confidence in the future of Bitcoin, continuing to make strides in the cryptocurrency field!🚀