MARA: The board of directors has decided to amend the company's articles of association to increase the authorized share capital from 500 million shares to 800 million shares

ChainCatcher news, Bitcoin mining company MARA announced on platform X that after extensive discussions with advisors, the company's board of directors has decided to amend the company's articles to increase the authorized share count from 500 million to 800 million shares.

This proposal is similar to what other companies in the industry have done, and if approved, it will provide MARA with greater flexibility to timely take advantage of market conditions and favorable financing and acquisition opportunities.