MARA Buys 15,574 BTC for $1.53 Billion
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Bitcoin miner MARACoinGape
•Bitcoin miner MARA Holdings buys 15,574 BTC for $1.53 billion
62% Informative
Bitcoin miner MARA Holdings announced that it has bought 15,574 BTC with a total value of $1.53 billion .
The acquisition was funded through proceeds from MARA 's zero -coupon convertible notes offerings.
With this transaction, MARA now possesses 40,435 BTC, worth about $3.9 billion at current market prices.
The move is reminiscent of a strategy popularized by MicroStrategy ’s Michael Saylor , focused on large-scale Bitcoin accumulation.
The timing of the purchase coincided with a plunge in markets as Federal Reserve Chair Jerome Powell clarified that the central bank cannot own Bitcoin .
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