MARA Doubles Down on Bitcoin: $2B Stock Offering to Drive Market Impact

Bitcoin mining giant MARA Holdings is reinforcing its aggressive acquisition strategy with a $2 billion stock offering, aiming to purchase even more Bitcoin. Currently holding 46,374 BTC, making it the second-largest publicly traded Bitcoin holder after MicroStrategy, this move highlights MARA’s commitment to Bitcoin accumulation. The funding will be sourced through an at-the-market (ATM) equity program involving major investment banks like Barclays, BMO Capital Markets, BTIG, and Cantor Fitzgerald. Proceeds will be used to purchase Bitcoin on the open market.