MARA Holdings Raises $850M to Expand Huge Bitcoin Reserves
The post MARA Holdings Raises $850M to Expand Huge Bitcoin Reserves appeared on BitcoinEthereumNews.com.
MARA secures $850M funding, plans to boost massive Bitcoin treasury holdings. Company holds over 50,000 BTC, aims to grow reserves aggressively. Renewable energy supports mining, but Bitcoin price swings still pose significant risk. MARA Holdings has made another big move. The world’s largest public Bitcoin miner just raised $850 million. This new money will help the company buy more Bitcoin. It has also set out to expand its mining activities. MARA Grows Bitcoin Treasury, Already Holds Over 50,000 BTC Strong It already has over 50,000 BTC. This qualifies it as the second-largest Bitcoin owner of publicly traded company after Strategy, formerly known as MicroStrategy. Using this new cash, MARA is aiming to increase its Bitcoin holdings even further. The fundraising is aligned with the definite plan of MARA. This firm is seeking affordable money and a good reserve of Bitcoin. MARA is valued at approximately 6.35 billion dollars in the market. Its huge treasury demonstrates that it is indeed serious about being a leader in Bitcoin mining. This vision has been discussed by Fred Thiel, the CEO on numerous occasions. He claims that MARA intends to become a powerhouse in digital asset treasury. The company does not want to offload its Bitcoin even in case of price falls. Other miners sell coins as a way of covering costs. Instead, MARA wants to continue piling up coins. MARA took what are known as zero-coupon convertible notes to raise the $850 million. It implies that the bonds do not accumulate interest annually. Rather, the investors purchase the bonds at a price which is lower than their ultimate value. Investors receive back the full amount when the bonds are settled in the year 2032. This bond arrangement reflects the intelligent strategy of MARA. It acquires funds at the present time without taking up…
Filed under: News - @ July 24, 2025 5:33 am