• 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

Massive Shiba Inu Whale Transfers 21 Trillion SHIB to Robinhood

chest

A massive Shiba Inu whale transferred 21 trillion SHIB worth around $163 million to Robinhood, emptying 97% of its holdings and causing market speculation.

user avatarMaria Gutierrez

USDD Partners with Chainlink to Improve Pricing Accuracy.

chest

USDD, the largest native stablecoin on Tron, has adopted the Chainlink data standard for pricing data across multiple blockchains, enhancing pricing reliability.

user avatarAndrew Smith

Mission 70 Launches an All-Encompassing Plan to Decrease ICP Inflation.

chest

The Mission 70 white paper introduces a structured strategy that combines supply-side reductions with demand-side acceleration to achieve a 70% reduction in ICP inflation.

user avatarDavid Robinson

Bitcoin Hyper and SUBBD Attract Early Buyer Interest

chest

Bitcoin Hyper and SUBBD are gaining attention from early buyers, although they lack the clear timelines that BlockDAG offers.

user avatarJacob Williams

YouTube Strengthens Parental Controls and Introduces New Features

chest

YouTube is enhancing parental controls, allowing parents to set time limits for Shorts and introducing a customizable multiview feature for YouTube TV.

user avatarAyman Ben Youssef

Stellar Experiences Swift Expansion Due to Rising Adoption.

chest

Stellar is experiencing rapid growth in network usage, with a significant increase in market capitalization.

user avatarZainab Kamara

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.