You are currently viewing Conditions now primed for Marathon Digital’s $250 million Bitcoin treasury strategy

Conditions now primed for Marathon Digital’s $250 million Bitcoin treasury strategy

Marathon Digital Holdings, Inc. has announced a proposed private offering of $250 million in convertible senior notes, with the proceeds primarily aimed at acquiring bitcoin and supporting general corporate purposes. Last month, CryptoSlate reported the company’s intention to explore such an offering after Marathon CEO Peter Thiel commented that it would purchase Bitcoin when “conditions […]

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