According to Foresight News, Bitcoin mining company MARA announced the purchase of 15,574 Bitcoins for 1.53 billion dollars in November and December, with an average purchase price of approximately 98,529 dollars per Bitcoin. In November and December, MARA raised 1.925 billion dollars through the issuance of convertible notes, with 1.53 billion dollars already used to purchase Bitcoins, 263 million dollars used to repurchase existing convertible notes maturing in 2026, and the remaining funds expected to be used for the purchase of additional Bitcoins.
As of December 18, 2024, MARA holds 44,394 BTC, valued at 4.45 billion dollars based on the current spot price of BTC at 100,151 dollars.
