MARA sells $1.1B in Bitcoin to buy back debt at 9% discount

MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy back $1 billion of zero-coupon convertible notes at a discount, reducing its convertible debt by roughly 30%. MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy back $1 billion of zero-coupon convertible notes at a discount, reducing its convertible debt by…

Key takeaways

Quick scan — what you need to know:

• MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy back $1 billion of zero-coupon convertible notes at a discount, reducing its convertible debt by roughly 30%.
• MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy back $1 billion of zero-coupon convertible notes at a
• discount, reducing its convertible debt by roughly 30%. MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy
• back $1 billion of zero-coupon convertible notes at a discount, reducing its convertible debt by roughly 30%.

Background

What led here, in plain terms:

• old 15,133 Bitcoin for roughly $1.1 billion in March to buy back $1 billion of zero-coupon convertible notes at a discount, reducing its convertible debt by roughly 30%.
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy back $1 billion of zero-coupon convertible notes at a discount, reducing its convertible debt by roughly 30%.
• MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy back $1 billion of zero-coupon convertible notes at a
• discount, reducing its convertible debt by roughly 30%. MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy