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Syndicated article · via cointelegraph.com

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 f…

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

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