Bitcoin miner Marathon Digital plans convertible debt sale


Bitcoin (BTC-USD) miner Marathon Digital (MARA) is proposing a private offering of $250 million of convertible senior notes. Marathon will use the net proceeds from that sale to buy more bitcoin and use for general corporate purposes. Market Domination Hosts Josh Schafer and Julie Hyman report more on the story and how its weighing on the stock.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Melanie Riehl



Source link

Previous articleGoogle Pixel 8 vs. Pixel 7: The Biggest Differences