Bitcoin Miner MARA Raises $2B for BTC

Bitcoin Miner MARA Holdings Secures $2 Billion for BTC Acquisition

• MARA Holdings, previously Marathon Digital, has entered an at-the-market agreement to sell up to $2 billion in stock.
• The funds will be used for general corporate purposes, including Bitcoin acquisition and working capital.
• Bitcoin is currently trading at $81,416.81, down 2.4% in the last 24 hours.
• MARA stock fell by 8.58% to $12.47 on March 28 amid economic uncertainty.
• MARA holds 46,374 BTC worth nearly $3.8 billion, second only to Strategy’s 506,137 BTC.

MARA Holdings aims to bolster its Bitcoin reserves with a new $2 billion stock offering amidst fluctuating market conditions and macroeconomic challenges.