{
MARA Holdings Inc.

Companies

}
mara holdings acquires 11774 bitcoin reaches 50 eh s hashrate milestone
MARA Holdings Inc. purchased 11,774 Bitcoin for $1.1 billion, raising its total holdings to 40,435 BTC valued at approximately $3.92 billion. The company also achieved a hashrate milestone of 50 EH/s, becoming the first public Bitcoin miner to do so, while reporting a 12.3% BTC Yield in Q4 and 47.6% for the year. Despite these achievements, MARA's stock fell 4.4% to $22.81 on Dec. 10, reflecting a slight gain of just over 1% in after-hours trading.
Cointelegraph
MARA Holdings Inc. MicroStrategy Inc USA Fred Thiel
Finance & Economy, Market Report
00:24 11.12.2024
firms capitalize on bitcoin surge raising billions through convertible debt
A surge in cryptocurrency values has enabled several firms to raise substantial funds through convertible debt, following MicroStrategy Inc.'s lead. This year, MicroStrategy issued $6.2 billion in convertibles as part of a plan to raise $21 billion, while MARA Holdings Inc. and Core Scientific Inc. raised over $2 billion and $1 billion, respectively, to invest in Bitcoin. The influx of investment is attributed to a favorable regulatory environment under the new administration.
bloomberg.com
United States Dollar MARA Holdings Inc. MicroStrategy Inc Core Scientific Inc New USA Donald Trump Show more
Finance & Economy, Market Report
15:06 09.12.2024
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