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Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M

Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M
© Copyright Image: Coinpedia – Fintech & Cryptocurreny News Media| Cr

The post Big Breaking: Bitcoin Miner MARA Purchases Another 5771 BTC For $572M appeared first on Coinpedia Fintech News

In the latest development, Bitcoin miner MARA Holdings has revealed that it has expanded its cryptocurrency portfolio by purchasing an additional 5,771 BTC for $572 million. The acquisition was completed at an average price of $95,554 per Bitcoin. With its 0% convertible note offering, the company has achieved a 35% BTC yield per share and now owns a total of approximately 33,875 BTC currently valued at $3.4B based on a spot BTC price of $99,000. 

Read more: https://coinpedia.org/crypto-live-news/big-breaking-bitcoin-miner-mara-purchases-another-5771-btc-for-572m/

Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr

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Bitcoin
Written by
Nidhi Kolhapur
On
Fri, 22 Nov 2024
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