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#SEC #BTC #MM #RAISE Bitcoin Miner Files From S-3 to SEC; Plans To Raise $750 Million
Last week, Bitcoin surged beyond $34,000, marking a 106% increase for the year, followig a challenging crypto winter in 2022.
Simultaneously, Bitcoin miner Marathon Digital, trading as MARA on the Nasdaq stock market, experienced an increase in its stock market, experienced an increase in its stock price. According to a Form S-3 filing to the U.S. Securities and Exchange Commission, Marathon Digital is planning to raise #750 million through a hybrid equity offering.
At the end of September, the firm possessed 13,726 Bitcoins, while generating more than 1,000 Bitcoins monthly. with the new funds, Marathon Digital will expand its operational capacity and invest in acquiring new mining equipment.
Last week, Bitcoin surged beyond $34,000, marking a 106% increase for the year, followig a challenging crypto winter in 2022.
Simultaneously, Bitcoin miner Marathon Digital, trading as MARA on the Nasdaq stock market, experienced an increase in its stock market, experienced an increase in its stock price. According to a Form S-3 filing to the U.S. Securities and Exchange Commission, Marathon Digital is planning to raise #750 million through a hybrid equity offering.
At the end of September, the firm possessed 13,726 Bitcoins, while generating more than 1,000 Bitcoins monthly. with the new funds, Marathon Digital will expand its operational capacity and invest in acquiring new mining equipment.