MARA’s $2 Billion Bitcoin Plan: Impact on Market and the Crypto Landscape

Mining giant MARA Holdings is doubling down on its aggressive Bitcoin strategy, announcing a $2 billion stock offering to acquire more cryptocurrency. The company currently holds 46,374 BTC, making it one of the largest publicly traded Bitcoin investors. This latest effort will be funded by an ATM equity program involving investment banks like Barclays, BMO Capital Markets, BTIG, and Cantor Fitzgerald. The proceeds will be directly used to buy Bitcoin on the open market.