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3232Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs
https://www.digit.info/marathon-plans-to-raise-500-million-from-convertible-senior-notes-to-buy-bitcoin-and-mining-rigs/
Mon, 15 Nov 2021 15:49:41 +0000https://www.digit.info/2021/11/15/marathon-plans-to-raise-500-million-from-convertible-senior-notes-to-buy-bitcoin-and-mining-rigs/Read more]]>On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.” Publicly-Listed Mining Operation to Raise $500M From Debt Markets to Purchase Bitcoin and ASIC Devices Marathon (Nasdaq: MARA), is one of the largest U.S. […]