CoinVoice has recently learned that, according to a report by Bloomberg, documents submitted to the U.S. Federal Energy Regulatory Commission show that the Bitcoin-listed mining company MARA has announced the acquisition of a wind farm in Texas from a joint venture with the state-owned power company and the Washington State Investment Board, with the specific acquisition price yet to be disclosed.
CoinVoice previously reported that the Bitcoin mining company MARA announced that the total principal amount of its 0.00% convertible preferred notes maturing in 2031 has been increased to $850 million (initially announced as $700 million).
MARA also granted the initial purchasers of the notes the option to purchase up to $150 million in total principal amount of the notes within 13 days from the initial issuance date of the notes. The net proceeds will be used to purchase more Bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding liabilities. [Original link]
