MARA: The total holdings of BTC have reached 34,794 coins, worth 3.3 billion US dollars
Bitcoin miner MARA stated on platform X that with the issuance of $1 billion convertible bonds at 0%, the company has additionally purchased 703 BTC, with a year-to-date return per share of 36.7%. As of November 27, 2024, it holds approximately 34,794 BTC in total, valued at $33 billion (based on a spot price of $95,000 for BTC). In addition, the company repurchased part of its bonds due in 2026 for $200 million. After deducting transaction costs, the remaining profit is about $160 million and can be used to buy more BTC when prices are low.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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