MARA Holdings Issues $850 Million in Bonds to Purchase Bitcoin
Foresight News reports that MARA Holdings has announced the issuance of $850 million in zero-coupon convertible bonds. The company plans to use $50 million of the net proceeds from the sale of these notes to repurchase a portion of its convertible senior notes, while the remaining net proceeds will be used to purchase additional Bitcoin and for other general corporate purposes.
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The US Dollar Index rose by 0.49%, closing at 97.349.
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