MARA Holdings Follows MicroStrategy with $700M Offering to Buy Bitcoin
Mara Holdings plans to expand its Bitcoin stack by offering over $700 million in convertible senior notes.
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Mara Holdings plans to expand its Bitcoin stack by offering over $700 million in convertible senior notes.
MicroStrategy expands Bitcoin holdings with 15,400 BTC purchase at $95,976 per coin, reaching 402,100 BTC total. Company achieves 38.7% BTC yield QTD and 63.3% YTD as institutional adoption grows.
With over $109M in Bitcoin holdings, Metaplanet leads Asia in corporate crypto reserves.
The raised funds will be used to advance Argo’s strategic initiatives and bolster its financial position.
MicroStrategy’s Michael Saylor proposed a Bitcoin-focused financial strategy for Microsoft in a detailed three-minute pitch.
The Judge previously dismissed Wright’s claim that he is the original author of Bitcoin’s whitepaper, and thus the famous Satoshi Nakamoto.
Bitcoin whales took advantage of the recent dip to $91,000, accumulating a total of 16,000 BTC worth $1.5 billion.
Boyaa Interactive swapped 14,200 ETH for 515 BTC, boosting its Bitcoin holdings and earning a $10 million profit.
Cardano founder Charles Hoskinson forecasts Bitcoin will lead the DeFi market within the next 2-3 years, citing its scale and liquidity.
Miners face a 50% block reward cut since April, with daily bitcoin mining capped at 450 coins.
The country’s office of the Advisory Committee on business appointments approved Baker’s bid to join Axiom as a paid advisor.
Marathon Digital (MARA) has added 703 BTC to its holdings, bringing its total to 6,474 BTC, following a $1 billion convertible note offering.
The overall supply of Bitcoin on centralized exchanges has continued to shrink in the recent past fueled by rising demand from institutional investors.
Japan’s MicroStrategy Metaplanet is set to buy more Bitcoin with a $62 million fund it plans to raise from SARs
CryptoQuant CEO Ki Young Ju explains that the delay in altseason is due to the dominance of institutional investors and spot Bitcoin ETFs, which typically don’t rotate their capital into altcoins.