According to Odaily Planet Daily, MARA, a Nasdaq-listed Bitcoin mining company, announced that it had purchased 11,774 BTC worth approximately $1.1 billion using funds raised from the issuance of zero-interest convertible notes.
As of December 9, 2024, MARA holds 40,435 BTC. Based on the spot BTC price of $96,500, it is currently worth $3.9 billion. MARA has achieved a BTC yield of 12.3% QTD and 47.6% YTD.
