MARA Sells 15,133 Bitcoin for $1 Billion Debt Repurchase, Retains 15,627 BTC in Reserve

TLDR: MARA sold 15,133 BTC at ~$65,348 each, generating roughly $989M to fund its debt repurchase plan.  The company captured $88.1M in savings by repurchasing convertible notes at a 9% discount to par.   MARA reduced its total convertible debt by 30%, bringing the balance down to roughly $2.3 billion.  After the BTC sale, MARA [...]

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