MARA Completes $950M Convertible Note Offering To Purchase More Bitcoin

Bitcoin Magazine MARA Completes $950M Convertible Note Offering To Purchase More Bitcoin The company plans to use the proceeds to increase its Bitcoin reserves, manage debt, and limit shareholder dilution through capped call strategies. This post MARA Completes $950M Convertible Note Offering To Purchase More Bitcoin first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

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Jul 29, 2025 - 21:00

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MARA Completes $950M Convertible Note Offering To Purchase More Bitcoin

Bitcoin Magazine

MARA Completes $950M Convertible Note Offering To Purchase More Bitcoin

Today, MARA Holdings, Inc. (NASDAQ: MARA) announced it has raised a $950 million private offering of 0.00% convertible senior notes due 2032. The company also granted buyers a 13 day option to purchase up to $200 million in additional notes and plans to use a large portion of the funds to acquire more Bitcoin.

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