Bitcoin miner Marathon Digital plans convertible debt sale

Julie Hyman News

Bitcoin miner Marathon Digital plans convertible debt sale
Net ProceedsJosh SchaferMarket Domination
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Bitcoin (BTC-USD) miner Marathon Digital (MARA) is proposing a private offering of $250 million of convertible senior notes. Marathon will use the net...

) 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 HostsLet's talk about another one here, Bitcoin Minor Marathon Digital, proposing a private offering of $250 million of convertible Senior Notes.Marathon wants to use the net proceeds from that sale to buy more Bitcoin and for general corporate purposes.

And I think in different parts of the crypto trade, there's been a pitch of, oh, I like Bitcoin and then I also like Bitcoin miners, but it's a different business and it's a lot different of a story to make money.Maybe investors are a little more sophisticated about it.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MARKHAM, Ontario, Aug. 12, 2024 -- Sienna Senior Living Inc. announced today the launch of a $125 million equity offering, on a bought deal basis. Sienna has entered into an agreement with a syndicate of underwriters led by TD Securities Inc.

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