MARA’s Bitcoin Bid: $2 Billion Plan and Potential Market Impact

Bitcoin mining giant MARA Holdings is doubling down on its aggressive acquisition strategy, announcing a $2 billion stock offering plan to purchase more Bitcoin. This move comes as the company boasts a significant portfolio of 46,374 BTC, placing it second only to MicroStrategy in publicly traded holdings. 💰 This latest stock sale will be facilitated through an ATM equity program involving major investment banks such as Barclays, BMO Capital Markets, BTIG, and Cantor Fitzgerald. Proceeds will primarily fund Bitcoin purchases on the open market.