MARA to Raise $2 Billion via Stock Sale: Replicating Saylor’s Bitcoin Accumulation Strategy

MARA Holdings Inc., a prominent publicly traded Bitcoin mining company, has announced its intention to raise up to $2 billion through the sale of stock. This move mirrors the strategy employed by Michael Saylor, CEO of MicroStrategy, who has amassed a significant Bitcoin portfolio using similar tactics. The announcement was made in a March 28 SEC filing, indicating MARA’s commitment to bolstering its Bitcoin reserves despite current market volatility.