MARA Holdings Sells 1.1 Billion Dollars in Bitcoin to Pay Off Debt and Reduce Financial Leverage.

Friday, Mar 27, 2026 10:10 am ET1min read
MARA--

MARA Holdings sold 15,133 BTC (1.1 billion USD) to raise funds to buy back 1 billion USD of zero-coupon convertible debt at a discount of nearly 9%. The operation saves about 88 million USD and reduces MARA's financial leverage by 30%. The company aims to accelerate its development in digital energy, AI, and HPC, positioning itself as a technology infrastructure player. MARA's stock rose by 12% in pre-market trading.

MARA Holdings Sells 1.1 Billion Dollars in Bitcoin to Pay Off Debt and Reduce Financial Leverage.

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet