馃殌 Marathon Digital is making waves with a $700M private convertible note offering! The funds will tackle debt, boost Bitcoin (BTC) holdings, and fuel corporate growth.
馃敼 Convertible notes mature March 2030, with options for cash or stock conversion.
馃敼 $200M earmarked for repurchasing 2026 notes, rest for BTC buys & operations.
馃敼 Redemption starts March 2028; buyback possible Dec 2027.
Marathon currently holds 25,945 BTC, valued at $2.3B. What are your thoughts on this bold move? Share in the comments! 馃挰