News Explorer — Marathon Digital Holdings Issues $850 Million in Convertible Notes to Buy Bitcoin

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Nov 19, 11:17 pm

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Marathon Digital Holdings Issues $850 Million in Convertible Notes to Buy Bitcoin

Marathon Digital Holdings plans to issue $850 million in convertible notes to repurchase debt, acquire Bitcoin, and fund corporate initiatives. The net proceeds will be used for repurchasing existing notes, acquiring more Bitcoin, and general corporate purposes, including working capital and strategic acquisitions.

Marathon Digital Holdings plans to issue $850 million in convertible notes to repurchase debt, acquire Bitcoin, and fund corporate initiatives. The net proceeds will be used for repurchasing existing notes, acquiring more Bitcoin, and general corporate purposes, including working capital and strategic acquisitions.

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