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FinanceBitcoin 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…See the Story
This Is What Whales Are Betting On MARA Holdings - MARA Holdings (NASDAQ:MARA)
50% Center coverage: 4 sources
EthereumSeveral of the largest altcoins suffered corrective moves to the downside on Wednesday, suggesting a pause or even end to altcoin season before it ever really got started.The sharp declines pushed bitcoin dominance back above 60% as the world's oldest crypto remained relatively stable.Also notable were more than $200 million worth of long positions liquidated, $43 million of which was on ether (ETH) markets and $32 million on XRP (XRP). Though b…See the Story
Altcoin Season Takes Breather With SOL, XRP, TON Among Those Posting Heavy Losses
Coverage: 2 sources
