đ Marathon Digital is at it again! They're planning to sell $250M in convertible notes to buy more Bitcoin. đ€ Already holding a whopping 20,800 BTC, they're miles ahead of Hut 8.
đ° The notes will mature on Sept. 1, 2031, and the interest rate will be set during pricing. Despite selling 51% of mined BTC in Q2, Marathon recently bought $100M worth of Bitcoin and plans to HODL!
đ Shares dipped 3.2% in pre-market, but hey, whoâs worried? The future is bright! đ
What do you think? Will Marathonâs strategy pay off? Letâs discuss! đŹ #DeFi #Web3 #Bitcoin #CryptoNews