logo
welcome
CoinGape

CoinGape

Bitcoin miner MARA Holdings buys 5,771 BTC at average price of $95,554 per Bitcoin

CoinGape
Summary
Nutrition label

62% Informative

Bitcoin miner MARA Holdings has expanded its cryptocurrency portfolio by purchasing an additional 5,771 BTC for $572 million .

The acquisition was completed at an average price of $ 95,554 per Bitcoin , according to the company.

With its 0% convertible note offering, the company has achieved a 35% BTC yield per share.

The company now owns a total of approximately 33,875 BTC, currently valued at $3.4 billion .

VR Score

47

Informative language

43

Neutral language

20

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links