MARA Holdings Executes $1 Billion Convertible Notes Repurchase and Sells 15,133 Bitcoin to Strengthen Balance Sheet

MARA Holdings announced a major capital restructuring involving the repurchase of $1 billion 0.00% convertible senior notes due in 2030 and 2031, reducing outstanding convertible debt by about 30%. Concurrently, the company sold 15,133 Bitcoin for approximately $1.1 billion, using proceeds primarily for the debt repurchase and general corporate purposes. This strategic move aims to rebalance the company's financial structure and enhance its balance sheet strength, resulting in a significant positive market reaction with a 5.07% pre-market stock surge.

Latest News

03-26
Mara Holdings Shares Rise on Bitcoin Sales, Senior Note Repurchase Agreements
Mara Holdings Shares Rise on Bitcoin Sales, Senior Note Repurchase Agreements
03-26
美股异动 | 宣布回购10亿美元可转换优先票据 MARA Holdings(MARA.US)开盘大涨近10%
美股异动 | 宣布回购10亿美元可转换优先票据 MARA Holdings(MARA.US)开盘大涨近10%
03-26
美股异动|MARA Holdings涨超12%,回购10亿美元可转换高级票据
美股异动|MARA Holdings涨超12%,回购10亿美元可转换高级票据
03-26
Stock Track | MARA Holdings Soars 12.02% Intraday on $1 Billion Debt Repurchase and Bitcoin Sale
Stock Track | MARA Holdings Soars 12.02% Intraday on $1 Billion Debt Repurchase and Bitcoin Sale
03-26
异动解读 | MARA Holdings宣布资本重组,盘中大涨12.02%
异动解读 | MARA Holdings宣布资本重组,盘中大涨12.02%
03-26
美股异动丨MARA Holdings盘前一度涨约12%
美股异动丨MARA Holdings盘前一度涨约12%
03-26
MARA Holdings美股盘前一度升约12%公司宣布回购10亿美元可转换优先票据并出售15133枚比特币。
MARA Holdings美股盘前一度升约12%公司宣布回购10亿美元可转换优先票据并出售15133枚比特币。
03-26
MARA Holdings Soars over 8% on 15,133 Bitcoin Sale and $1 Billion Debt Repurchase
MARA Holdings Soars over 8% on 15,133 Bitcoin Sale and $1 Billion Debt Repurchase
03-26
MARA Holdings宣布回购10亿美元可转换优先票据,并出售15133枚比特币
MARA Holdings宣布回购10亿美元可转换优先票据,并出售15133枚比特币
03-26
异动解读 | MARA Holdings宣布资本重组,盘前大涨5.07%
异动解读 | MARA Holdings宣布资本重组,盘前大涨5.07%
03-26
MARA 披露出售 15,133 枚比特币将回购 10 亿美元可转换高级债券
MARA 披露出售 15,133 枚比特币将回购 10 亿美元可转换高级债券
03-26
MARA Holdings宣布10亿美元回购2030/2031年到期零息可转债 并出售15,133枚比特币
MARA Holdings宣布10亿美元回购2030/2031年到期零息可转债 并出售15,133枚比特币
03-26
Mara Holdings repurchases $1.0 billion 0.00% convertible notes due 2030 and 2031; outstanding convertible indebtedness drops about 30%
Mara Holdings repurchases $1.0 billion 0.00% convertible notes due 2030 and 2031; outstanding convertible indebtedness drops about 30%
03-26
Mara Holdings, Inc. Announces $1.0 Billion Repurchase of 0.00% Convertible Senior Notes Due 2030 and 2031 and Sale of 15,133 Bitcoin
Mara Holdings, Inc. Announces $1.0 Billion Repurchase of 0.00% Convertible Senior Notes Due 2030 and 2031 and Sale of 15,133 Bitcoin

User Discussion

$MARA Just Sold 15,000 BTC. Let Me Break Down The Math. Hey everyone. Long time no post — been watching, accumulating, and waiting for something worth writing about. This is it. For those of you holding MARA or watching it from the sidelines, yesterday was a big day. News dropped premarket, stock flew 10%, then gave back most of it by close. A lot of noise, a lot of headlines. Let me cut through it and give you the actual numbers. What Happened Between March 4 and March 25, MARA quietly sold 15,133 BTC for approximately $1.1 billion. They used the proceeds to repurchase $367.5 million of their 2030 convertible notes and $633.4 million of their 2031 convertible notes — both at roughly 9% below face value. CoinDesk That 9% discount translates to over $88 million in immediate cash savings — a