Marathon Digital eyes Bitcoin growth with $700 million in convertible notes

Oluwapelumi Adejumo

Bitcoin miner Marathon Digital plans to privately issue $700 million in convertible senior notes due in 2030, according to a Nov. 18 statement. The offering, subject to market conditions, includes an additional $105 million purchase option for initial buyers within 13 days of issuance. The firm noted that this fundraising is geared towards restructuring its […]

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Marathon Digital eyes Bitcoin growth with $700 million in convertible notes