Marathon Completes $300 Million Note Sale and Buys 4,144 Bitcoins for $249 Million

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According to Foresight News , Bitcoin mining company Marathon Digital Holdings announced the completion of its issuance of 2.125% convertible senior notes due in 2031 with a total principal amount of US$300 million. Based on the note income, the company purchased 4,144 bitcoins at an average price of US$59,500 for US$249 million between August 12 and August 14, 2024, and currently holds more than 25,000 bitcoins.

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