💰 Marathon Digital Aims to Raise $2 Billion to Buy More Bitcoin
Following a successful $1.4B raise, Marathon Digital is back—this time with a $2 billion equity offering to fuel its Bitcoin buying spree. 🟠⚡
The breakdown?
✅ 40% for Bitcoin purchases
✅ 35% for general corporate needs
✅ 25% for working capital
With 46,376 BTC already on its books, Marathon is now the second-largest publicly listed Bitcoin holder, right behind MicroStrategy. As mining gets tougher with rising costs and halving rewards, Marathon is adapting by buying BTC directly on the open market. 📉🔄📈
🔗 Full story here:
https://snipesearch.net/marathon-digital-seeks-2-billion-to-increase-bitcoin-holdings-4985653.html
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