Bitcoin Miner MARA Purchases Another 5771 BTC For $572M
In the latest development, Bitcoin miner MARA Holdings revealed that it has purchased an additional 5,771 Bitcoins for $572 million, expanding its cryptocurrency portfolio. The average price of the acquisition was $95,554 per Bitcoin. By issuing 0% convertible notes, the company achieved a 35% BTC yield per share and currently holds a total of approximately 33,875 BTC, currently valued at $3.4B based on a BTC spot price of $99,000.
