PANews reported on December 3 that Bitcoin mining company MARA Holdings announced that the issuance of its zero-interest convertible senior notes has increased to $850 million, with an additional $150 million purchase option. The notes will mature in 2031, and the funds raised will be mainly used to repurchase some existing notes due in 2026, as well as to purchase additional Bitcoin and general corporate purposes. According to the announcement, the initial conversion price of this issuance is $34.5831 per share, a 40% premium over MARA's current share price.
Bitcoin mining company MARA issued $850 million in convertible senior notes, part of which was used to purchase Bitcoin
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Important information from last night and this morning (December 3rd - December 4th)
