Markets.News
MARA Holdings Inc. (NASDAQ:MARA), a Bitcoin mining company, has recently acquired 15,574 BTC for $1.53 billion. This acquisition was made possible by the $1.925 billion raised through zero-coupon convertible notes issued in November and December. With this purchase, MARA now holds a total of 44,394 BTC, worth about $4.3 billion at Bitcoin's current price of $97,377. The company acquired the cryptocurrency at an average price of $98,529 per Bitcoin. MARA also repurchased $263 million of its existing convertible notes due in 2026 and plans to use the remaining funds to acquire more Bitcoin. The company's Bitcoin holdings and yield were highlighted in a post on social media platform X.