Bitcoin Miner Marathon Raises Convertible Note Offering to $850 Million Amid Investor Demand
MARA Holdings has increased its convertible note offering to $850 million, with an option for additional notes. The private offering targets qualified institutional buyers and is set to close on Nov. 20. The notes, maturing in 2030, can be converted into cash or MARA's common stock at a premium price.
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Bitcoin Miner Marathon Raises Convertible Note Offering to $850 Million Amid Investor Demand
MARA Holdings has increased its convertible note offering to $850 million, with an option for additional notes. The private offering targets qualified institutional buyers and is set to close on Nov. 20. The notes, maturing in 2030, can be converted into cash or MARA's common stock at a premium price.