Marathon Digital Holdings, the world’s largest publicly listed Bitcoin miner with a market cap exceeding $5 billion, has announced a major financial move. The company plans to issue $250 million in convertible senior notes. This initiative, led by Chairman and CEO Fred Thiel, aims to significantly increase their Bitcoin holdings.
Marathon Digital's strategic approach could solidify its position as a major player in the Bitcoin mining industry. Investors and market observers will closely watch the outcomes of this significant financial endeavor.
