MARA Holdings has indeed made a significant investment in Bitcoin this month. According to recent reports, the company has secured $1 billion in funding through the issuance of convertible senior notes.¹ A portion of this funding, approximately $617 million, has been allocated towards purchasing Bitcoin.

This strategic move is part of MARA Holdings' efforts to expand its Bitcoin holdings and support its mining operations. The company has been actively investing in Bitcoin, with its total holdings now valued at around $3.3 billion.²

#btc #defi #gold $XRP $BNB $BTC

It's worth noting that MARA Holdings has also repurchased a portion of its bonds due in 2026, valued at $200 million, as part of its debt refinancing strategy.