Daily digest market movers: Bitcoin holds $58,000 as MARA announces $250 million funds to buy BTC
- Marathon Digital Holdings (MARA) announced on Monday a plan to offer $250 million in convertible senior notes maturing in 2031, targeting qualified institutional buyers to fund corporate initiatives and acquire additional Bitcoin.
- MARA announced that initial purchasers can acquire up to $37.5 million in notes within 13 days from the original issuance date. Under specific conditions, the company can redeem the notes for cash on or after September 6, 2028.
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