Summary
- Mara Holdings announced it will raise $2 billion for additional Bitcoin acquisitions.
- It stated that it has entered into an at-the-market agreement to sell common stock with Cantor Fitzgerald and Barclays Bank.
- The funds raised will be used for Bitcoin acquisitions.
Bitcoin (BTC) mining company Mara Holdings (formerly Marathon Digital Holdings) is set to raise funds for additional Bitcoin acquisitions.
According to Cointelegraph on the 31st (local time), Mara Holdings announced through an 8-K document and prospectus filed with the Securities and Exchange Commission (SEC) that it has entered into an at-the-market agreement to sell up to $2 billion worth of common stock with financial firms such as Cantor Fitzgerald and Barclays Bank.
In the document, Mara Holdings explained, "The net proceeds from the $2 billion offering will be used to acquire Bitcoin."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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