
MARA Holdings Reports 12% Drop in Bitcoin Production Amid Mining Slowdown
Bitcoin mining giant MARA Holdings faces production decline amid network challenges, while implementing strategic upgrades at Wolf Hollow and Kearney facilities.
Bitcoin mining giant MARA Holdings faces production decline amid network challenges, while implementing strategic upgrades at Wolf Hollow and Kearney facilities.
MARA Holdings Inc. has filed its Bitcoin performance with the SEC, revealing significant BTC acquisitions funded by convertible notes and a notable year-to-date yield, highlighting the company’s aggressive cryptocurrency investment strategy.
The offering involves zero-coupon convertible senior notes set to mature in 2031.
Mara Holdings plans to expand its Bitcoin stack by offering over $700 million in convertible senior notes.