Bitcoin Holder Race On? Mining Giant Marathon Announces Plan To Raise $250,000,000 To Acquire Additional BTC

Bitcoin mining firm Marathon (MARA) is unveiling a plan to spend hundreds of millions of dollars to bolster its BTC stockpile. In a new press release, Marathon says it intends to privately offer $250 million worth of convertible senior notes due in September 2031 to “persons reasonably believed to be qualified institutional buyers.” “The notes […] source: https://dailyhodl.com/2024/08/14/bitcoin-holder-race-on-mining-giant-marathon-announces-plan-to-raise-250000000-to-acquire-additional-btc/