Market news: Bitcoin mining company MAMA plans to raise $250 million to purchase more Bitcoin.
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Odaily Odaily reported that according to Bitcoin Magazine, Bitcoin mining company MAMA (Marathon Digital) plans to issue convertible senior notes totaling US$250 million through private placement to individuals who are reasonably believed to be qualified institutional buyers, subject to market conditions and other factors. The notes will mature in 2031. It is reported that the US$250 million raised this time will be used to purchase more Bitcoin.
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