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Eli 🎩

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MARA Holdings plans (https://ir.mara.com/news-events/press-releases/detail/1402/mara-holdings-inc-announces-proposed-private-offering-of-850-million-of-zero-coupon-convertible-senior-notes?utm_source=chatgpt.com) to privately issue $850 million in zero-coupon convertible senior notes maturing in 2032. The company intends to use up to $50 million of the proceeds to repurchase part of its 2026 convertible notes via privately negotiated deals, while the remaining funds will be used to acquire additional Bitcoin.
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