🚀 MARA Holdings, formerly known as Marathon Digital, plans to issue $700 million in senior convertible notes at 0.00% for qualified institutional buyers.

🔹 Up to $50 million will be used to repurchase 2026 notes.

🔹 The rest will finance the purchase of Bitcoin and other strategic purposes.

MARA seeks to strengthen its balance sheet by replacing short-term debt with long-term obligations, following the trend of increasing its BTC reserves. What do you think of this strategy? Comment below!