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Bitcoin mining company MARA has increased its holdings of 15,574 Bitcoins in the past two months, worth approximately US$1.53 billion.

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Reprinted from panewslab

12/19/2024·5M

PANews reported on December 19 that according to official news, data disclosed by Bitcoin mining company MARA showed that it had raised US$1.925 billion through convertible notes in November and December and purchased 15,574 BTC, with an average price of US$98,529 and a value of approximately 1.53 billion and repurchased approximately $263 million in aggregate principal amount of its existing convertible notes due 2026, and expects to use the remaining proceeds to purchase more Bitcoin.

MARA has achieved a QTD yield of 22.5% and a YTD yield of 60.9%. As of December 18, 2024, MARA held 44,394 BTC, currently worth $4.45 billion based on the spot BTC price of $100,151.

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