• 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

Pumpfun PUMP Forms Bullish Rounding Bottom Pattern

chest

Pumpfun PUMP is forming a classic rounding bottom pattern, indicating a potential bullish reversal.

user avatarNguyen Van Long

Binance Announces BEP20 Suspension for Essential Maintenance

chest

Binance has scheduled a temporary suspension of all deposits and withdrawals on the BNB Smart Chain BEP20 network for maintenance on January 23, 2025.

user avatarSatoshi Nakamura

Binance BEP20 Maintenance Scheduled for January 23

chest

Binance BEP20 maintenance scheduled for January 23, 2025, starting at 0655 UTC, during which all BEP20 transactions will be paused.

user avatarJesper Sørensen

The Hidden Costs of Sending Money to Nigeria

chest

A detailed analysis reveals that while fintech apps advertise no transfer fees, users often pay hidden costs through unfavorable exchange rates.

user avatarRajesh Kumar

Thailand SEC to Introduce New Regulations for Crypto ETFs and Futures Trading

chest

The Thai Securities and Exchange Commission is set to issue guidelines for crypto ETFs and futures trading to enhance the crypto market.

user avatarLucas Weissmann

KuCoin Thailand Suspended by SEC Due to Capital Issues

chest

The Thai SEC suspended KuCoin Thailand's operations due to failure to meet capital requirements, linked to a shareholder dispute.

user avatarFilippo Romano

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.