MARA (MARA) Announces $700M Convertible Notes Offering
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MARA Holdings, Inc. Announces Proposed Private Offering of $700 Million of Convertible Senior Notes
November 18, 2024 6:55 AM ESTProceeds to be used primarily to acquire bitcoin, repurchase existing convertible notes due 2026 and for general corporate purposes
Fort Lauderdale, FL, Nov. 18, 2024 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) (MARA or the Company), a global leader in leveraging digital asset compute to support the energy transformation, today announced that it intends to offer, subject to market conditions and other factors, $700 million aggregate principal amount of convertible senior notes due 2030 (the notes) in a private offering to persons reasonably believed to be qualified institutional buyers in... More
