Mara Holdings will issue bonds for USD $ 1 billion to buy more bitcoin

The cryptocurrency mining company will finance new acquisitions of BTC With convertible bonds without interest. The company already has 50,000 Bitcoins and seeks to strengthen your treasury model.

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• Mara plans to acquire BTC at a price of USD $ 118,487 per unit.
• It will issue senior without interest with expiration in 2032.
• The company reached annual income from USD $ 752 million.

The cryptocurrency mining company, Mara Holdings, He announced on Wednesday an ambitious plan to broadcast up to USD $ 1 billion in senior convertible bonds. The main objective of the operation will be to expand its reservations Bitcoin (BTC), thus reinforcing its corporate strategy focused on digital assets.

According to the official statement, the initial offer comprises USD $ 850 million in bonds destined exclusively for qualified institutional buyers. These bonds, expiring in 2032, will not accrue interest and will be classified as uniornated senior obligations.

In addition, investors will have the option of acquiring other USD $ 150 million in values, which could raise the total amount raised to USD $ 1 billion.

Funds and purchase strategy distribution

Mara He explained that he will use up to USD $ 50 million of net income to repurchase part of their current convertible bonds, expiring in 2026 and a rate of 1.00 %. The rest of the funds will be used to cover costs associated with CAPPED -CALL TYPE, GENERAL OPERATIVE EXPENSES and, mainly, the acquisition of Bitcoin at an estimated price of USD $ 118,487 per unit.

The company clarified that the issuance of the bonds remains subject to market conditions and has not established a definitive date for its execution or closure.

Mara He reaffirmed that Bitcoin It continues to be the central axis of its treasury strategy. According to the firm, accumulating this cryptocurrency is an essential part of its long -term growth vision and its positioning as an institutional crypto ecosystem.

This statement reinforces previous movements of the company, as its investment in the institutional advisor Two prime, which manages assets for USD $ 1,750 million. As indicated Mara, This alliance will allow expanding the volume of BTC managed in your name.

Operational results: Growth despite the difficulty

In June, Mara He published positive figures related to his mining performance. The production of Bitcoin From the company grew by 35 % during May, despite the increase in the difficulty of mining and the sustained increase in hashrat on the network BTC

In addition, the company reported annual income above USD $ 752 million towards the end of May, marking a historical record in its operation and underlining its efficiency in an increasingly demanding technical environment.

With about 50,000 BTC in his possession at the time of this publication, Mara It is positioned among companies with the highest holdings of Bitcoin In the worldbeing Strategy The main reference of this group, which maintains a reserve of 607,000 BTC

This position reinforces the narrative that Bitcoin, Beyond being a speculative asset, it is consolidated as a key element in corporate balances of great institutional actors.

Trump Media: Another giant that bets on Bitcoin

In parallel to the announcement of Mara, Trump Media – matrix of the Social Truth Network – reported this week that it acquired approximately USD $ 2,000 million in Bitcoin and related assets. The company also allocated about USD $ 300 million to values linked to cryptocurrency.

With this move, Trump Media joins a growing list of companies that follow the Treasury model promoted by Strategy, the firm of Michael Saylor.

Devin Nunes, president of Trump Media, said that these assets “guarantee the financial freedom of the company, protect it against banking discrimination and generate synergies with the token that we plan to launch within the social truth ecosystem.”

Article written by a content editor. Edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain

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