Gold Finance reports that Bitcoin mining company MARA raised $1.925 billion through convertible notes in November and December. Using the proceeds from its zero-interest convertible note issuance, MARA acquired 15,574 bitcoins at an approximate price of $98,529 per bitcoin, worth about $1.53 billion, and repurchased approximately $263 million in principal of existing convertible notes maturing in 2026, and expects to use the remaining proceeds to purchase more bitcoins. MARA's BTC yield is QTD 22.5% and YTD 60.9%. As of December 18, 2024, MARA holds 44,394 BTC, currently valued at $4.45 billion based on the spot BTC price of $100,151.