Marathon Digital upsizes debt offering to $1 billion for Bitcoin expansion

Oluwapelumi Adejumo

Marathon Digital, a Nasdaq-listed Bitcoin mining company, has revealed plans to increase its debt offering, which will mature in 2030, to $1 billion, according to a Nov. 18 statement. Marathon explained that the zero-interest senior notes would be sold privately to qualified institutional buyers under Rule 144A of the Securities Act of 1933. The firm […]

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Marathon Digital upsizes debt offering to $1 billion for Bitcoin expansion