🚧🤑 BITCOIN INVESTMENT 🤑🚧
Publicly traded Bitcoin mining company Marathon Digital Holdings (MARA) has announced plans to issue $250 million of convertible senior notes and to purchase Bitcoin with a portion of the proceeds.According to Marathon Digital's announcement, the notes will mature in 2031 and will be sold to qualified institutional investors.
The company will also offer initial purchasers an additional $37.5 million in the first two weeks.Marathon Digital is currently known to hold 20,818 BTC worth more than $1.2 billion.
This means that Marathon is the second largest Bitcoin holder among publicly traded companies.
