🚀 Big news from the crypto mining world! MARA Holdings has unveiled a private offering of $700 million in convertible senior notes due 2030. Here's the scoop:

- The offering targets qualified institutional buyers, with an option to purchase an additional $105 million in notes.

- MARA plans to use up to $200 million to repurchase part of its 2026 convertible notes.

- Remaining funds will go towards accumulating Bitcoin, expansion, acquisitions, and debt repayment.

- The market reacted with a 5% dip in MARA's share price.

What are your thoughts on MARA's strategic move? Let's discuss in the comments! 💬