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Bitcoin Miner MARA Sells 15,133 BTC
On March 26th, Bitcoin mining company MARA announced the repurchase of $1 billion in convertible senior notes. The repurchases of the 2030 and 2031 notes are expected to be completed on March 30, 2026, and March 31, 2026, respectively, subject to the satisfaction of customary closing conditions. The note repurchase transactions are anticipated to generate approximately $88.1 million in value for the company through cash savings. The company also announced today that it sold 15,133 bitcoins between March 4, 2026, and March 25, 2026, for a total transaction price of approximately $1.1 billion. The proceeds from the bitcoin sales are expected to be used for the note repurchase transactions, with the remaining funds allocated for general corporate purposes.