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Bitcoin miner MARA Holdings raises $1 billion from convertible notes sale

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Summary
Nutrition label

60% Informative

Bitcoin Miner MARA Holdings has raised approximately $1 billion through the sale of its convertible notes.

Some of the proceeds will be used to buy more BTC, although they didn’t mention the exact amount.

The Bitcoin miner already holds around 27,000 BTC and is the public company with the second -largest Bitcoin holdings.

MicroStrategy recently acquired 51,780 BTC for $4.6 billion .

VR Score

37

Informative language

25

Neutral language

86

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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