Marathon Digital Buys 4,144 Bitcoins
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Bitcoin miner Marathon DigitalCoinGape
•Marathon Digital Acquires 4,144 Bitcoins With $300M Convertible Note Offering
72% Informative
Bitcoin miner Marathon Digital (NASDAQ: MARA) has purchased 4,144 Bitcoins with $249 million in cash.
The Bitcoin miner said that its $300 million convertible notes are unsecured, senior obligations that bear an interest rate of 2.125% per annum with semi-annual arrears payable from March 1, 2025 .
The maturity of the convertible notes will happen on September 1, 2031 .
Bitcoin price has come under selling pressure despite cooling of US CPI inflation.
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