• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

MARA Holdings to Boost Bitcoin Reserves with Bond Issuance

user avatar

by Giorgi Kostiuk

a year ago

MARA Holdings plans to issue $700 million in convertible bonds to enhance its position in Bitcoin investment.

How Will the Funds Be Utilized?

The company plans to allocate $200 million to buy back existing bonds due in 2026. The remaining funds will be directed toward Bitcoin acquisition, expansion efforts, strategic purchases, and debt settlements.

MARA's Strategy

MARA aims to follow the debt-driven strategies used by firms like MicroStrategy and Japan's Metaplanet to increase Bitcoin reserves ahead of the halving event, enhancing its competitive edge.

MARA’s Financial Maneuvers

MARA holds the largest amount of Bitcoin among publicly traded mining companies, further cementing its leadership in Bitcoin investment. The bond issuance is aimed at strengthening the company's role in digital currency and supporting its growth.

MARA Holdings' bond issuance strategy is aimed at strengthening the company's financial stability and maintaining its leading position in Bitcoin investment.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP Sentiment Surges Amid Market Decline

chest

Recent data shows increasing optimism about XRP among social media users, contrasting with declining sentiment for Bitcoin and Ethereum during the market downturn.

user avatarSatoshi Nakamura

Vitalik Buterin Executes Strategic Ether Sales to Minimize Market Impact

chest

Vitalik Buterin sold approximately 2,961.5 ETH valued at around $66 million over a three-day period using multiple smaller trades via CoW Protocol to minimize market impact.

user avatarJesper Sørensen

Cardano Price Faces Downward Pressure Amid Weak Market Sentiment

chest

The Cardano price outlook is deteriorating due to weakening market structure and fading ETF optimism.

user avatarLucas Weissmann

Hyperliquids HYPE Surges Amid Ripple Integration

chest

Hyperliquids HYPE experienced a remarkable 62% increase in price following its integration with Ripple's ecosystem, contrasting with the broader crypto market's decline.

user avatarRajesh Kumar

Crypto Patel Highlights Dogecoin's Key Support Level for Potential Price Surge

chest

Crypto analyst Crypto Patel highlights that Dogecoin has returned to a crucial macro support level, suggesting potential for significant price increases.

user avatarFilippo Romano

Elliott Wave Analyst Provides XRP Price Breakdown Amid Pullback

chest

A certified Elliott Wave analyst explains the current XRP price pullback and maintains a long-term bullish outlook.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.