US EditionThis Is What Whales Are Betting On MARA Holdings - MARA Holdings (NASDAQ:MARA)
MIAMI, FLORIDA, USA, JUL 23 – MARA Holdings aims to raise up to $1 billion through convertible notes to expand Bitcoin holdings, repurchase debt, and fund strategic acquisitions and infrastructure growth.
- On July 23, 2025, MARA Holdings, Inc. announced a private sale of $850 million in zero-coupon convertible senior notes due 2032, targeting qualified institutional buyers under Rule 144A.
- Amid its debt timetable, MARA intends to use $50 million to repurchase 2026 convertible notes, net proceeds to acquire bitcoin and fund general corporate purposes.
- The new notes are structured as unsecured senior obligations, including an option to purchase additional $150 million within 13 days.
- Immediately after the release, MARA Holdings' shares dropped around 5%, as large investors adopted a bearish stance.
- Looking ahead, notes will mature on August 1, 2032, unless earlier repurchased or redeemed, with MARA able to redeem for cash on or after January 15, 2030.
25 Articles
25 Articles
MARA Holdings Plans $850M Convertible Note Offering to Fuel Bitcoin Buys, Repay Debt
Bitcoin miner MARA Holdings (MARA) said it plans to raise $850 million through a private sale of 0% convertible senior notes due in 2032. The deal, aimed exclusively at qualified institutional buyers, includes an option for initial buyers to purchase an additional $150 million of the notes, potentially bringing the total raise to $1 billion, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday.The notes won’t…
MARA Holdings, Inc. Announces Proposed Private Offering of $850 Million of Zero Coupon Convertible Senior Notes
Miami, FL, July 23, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ('MARA” or the 'Company”), a leading digital energy and infrastructure company, today announced that it intends to offer, subject to market conditions and other factors, $850 million aggregate principal amount of 0.00% convertible senior notes due 2032 (the 'notes”) in a private offering to persons reasonably believed to be qualified institutional buyers in reliance …
Bitcoin Miner MARA Holdings Announces $850 Million Raise To Scale BTC Reserves – Details
In an announcement made today, Bitcoin (BTC) mining firm MARA Holdings revealed plans to raise up to $850 million through a private offering of zero-coupon convertible notes due in 2032. A portion of the proceeds will be used to expand the company’s BTC holdings. MARA Holdings Looks To Scale Bitcoin Reserves Bitcoin continues to hit […]
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