Bitcoin touched the $60k mark, sparking excitement in the crypto market

Aug 13, 2024 Aug 13, 2024

Marathon Digital Holdings plans to raise $250M through convertible senior notes due in 2031.

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Funds will be used to acquire more Bitcoin, expand assets, and fund general purposes.

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Investors can convert notes into cash, Marathon stock, or both at the company’s discretion.

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Marathon’s move highlights a trend of companies integrating Bitcoin into their strategies.

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