Bitcoin miner MARA sells 15,133 bitcoins to repurchase $1 billion in convertible senior bonds

金色财经_ · 2026-03-26T12:27:16+00:00

Bitcoin mining company MARA announces $1 billion convertible bond buyback, expected to generate approximately $88.1 million in value through cash reserves. Additionally, the company sold 15,133 bitcoins in March, totaling about $1.1 billion in proceeds, which will be used for note repurchases and other corporate purposes.

金色财经_

2026-03-26 12:27:16

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Golden Finance reports that on March 26, Bitcoin mining company MARA announced a $1 billion convertible senior bond repurchase. The repurchases of the 2030 and 2031 notes are expected to be completed on March 30, 2026, and March 31, 2026, respectively, depending on the satisfaction of customary settlement conditions. The bond repurchase transaction is expected to bring approximately $88.1 million in value to the company through cash savings. The company also announced today that between March 4 and March 25, it sold 15,133 bitcoins for a total of about $1.1 billion. The proceeds from the bitcoin sales are expected to be used for the bond repurchase transaction, with the remaining funds for general corporate purposes.

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