Marathon Digital to raise $250M through convertible senior notes for Bitcoin purchase

Marathon Digital plans to raise $250M via convertible senior notes for Bitcoin buying. The funds will also support corporate initiatives, including debt repayment and expansions. The company holds over 20,800 BTC, worth $1.2B, more than double its nearest competitor. Marathon Digital, a leading Bitcoin mining company, has announced plans to raise $250 million through a […] source: https://coinjournal.net/news/marathon-digital-to-raise-250m-through-convertible-senior-notes-for-bitcoin-purchase/