MARA to raise $1 BILLION at 0.0% interest to buy more Bitcoin after initial $750m offer was oversubscribed

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Mara Holdings, Inc. has announced a significant increase in its offering of convertible senior notes, raising the total to $1 billion from an initial $700 million. The company initially proposed a $700 million offering, which was quickly oversubscribed, prompting the increase. The notes, which are zero-coupon and due in 2030, are intended to finance additional Bitcoin purchases. Following the announcement, Mara’s shares experienced a decline of 6.6% in pre-market trading but later rebounded with a 3.3% increase. The oversubscription indicates strong investor interest in the company’s debt offering.

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https://deepnewz.com/markets/mara-holdings-raises-1-billion-0-0-interest-oversubscribed-convertible-senior-to-91886972

https://ir.mara.com/news-events/press-releases/detail/1378/mara-holdings-inc-announces-pricing-of-oversubscribed-and-upsized-offering-of-zero-coupon-convertible-senior-notes-due-2030