MARA: Raised $1.925 billion in November and December, currently holding 44,394 bitcoins

ChainCatcher news, Bitcoin mining company MARA disclosed that it has raised $1.925 billion through convertible notes in November and December, purchasing 15,574 BTC at an average price of $98,529, totaling approximately $1.53 billion, and repurchased approximately $263 million of its existing convertible notes maturing in 2026, with plans to use the remaining proceeds to purchase more Bitcoin.

MARA has achieved a QTD return of 22.5% and a YTD return of 60.9%. As of December 18, 2024, MARA holds 44,394 BTC, which is currently valued at $4.45 billion based on the spot BTC price of $100,151.