Barclays Starts Marathon Digital Holdings (MARA) at Equalweight

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MARA Holdings, Inc. Completes $1 Billion Offering of 0% Convertible Senior Notes due 2030

November 21, 2024 8:05 AM EST

Proceeds to be used primarily to acquire bitcoin and repurchase existing convertible notes due 2026

Fort Lauderdale, FL, Nov. 21, 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 the closing on November 20, 2024 of its offering of 0.00% convertible senior notes due 2030 (the notes). The aggregate principal amount of the notes sold in the offering was $1 billion, which includes $150 million aggregate principal amount of notes issued pursuant to an option to purchase,... More