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Bitcoin mining company Marathon plans to raise $500 million to buy Bitcoin and miners

Bitcoin mining company Marathon plans to raise $500 million to buy Bitcoin and miners

2021/11/16

According to reports, Bitcoin mining company Marathon Digital said in a statement on Monday that it raised $500 million through the issuance of high-level convertible notes, which are paid semiannually and will expire on December 1, 2026. Marathon stated that its goal is to use net proceeds for "purchasing bitcoin or bitcoin miners."

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