MARA Holdings, known as the second-biggest publicly traded company holding Bitcoin, has announced an increase in its convertible notes offering by $150 million. This decision comes amid overwhelming investor interest in the offering. The company plans to utilize the estimated proceeds, which amount to $833 million, to purchase additional Bitcoin.
This move signals MARA's confidence in Bitcoin's future potential and showcases growing institutional interest in cryptocurrencies. The expanded offering aligns with MARA's strategy to strengthen its position in the cryptocurrency market.
