MARA: The total holdings of BTC have reached 34,794 coins, worth 3.3 billion US dollars
Bitcoin miner MARA stated on platform X that with the issuance of $1 billion convertible bonds at 0%, the company has additionally purchased 703 BTC, with a year-to-date return per share of 36.7%. As of November 27, 2024, it holds approximately 34,794 BTC in total, valued at $33 billion (based on a spot price of $95,000 for BTC). In addition, the company repurchased part of its bonds due in 2026 for $200 million. After deducting transaction costs, the remaining profit is about $160 million and can be used to buy more BTC when prices are low.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Secretary of the National Security and Defense Council of Ukraine and his team have departed for the United States.
Shanghai's fintech industry scale in 2024 is approximately 440.5 billions yuan.
A certain whale shorted 5,000 ETH with 5x leverage, worth approximately $15.02 million.
Froggie market cap is now $8.18 million, with a 24-hour increase of 37.09%.
Trending news
MoreCrypto prices
More
