Marathon Digital Holdings To Raise $250 Million To Buy More Bitcoin
Marathon Digital Holdings announced a $250 million private offering of convertible notes to expand its bitcoin holdings. The Bitcoin mining firm aims to mimic MicroStrategy's corporate bitcoin accumulation strategy.
Marathon Digital Holdings, one of the US's largest publicly traded Bitcoin miners, announced plans to raise $250 million through a private offering of convertible senior notes. The funds will be used primarily to expand Marathon's Bitcoin holdings.
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