Bitco Mara Mara raises $ 2 billion with an offer to buy BTC

Mara Holdings Mara Holdings on Bitcoin on BTC again – this time with a $ 2 billion war chest.

The largest public trading Bitcoin mining A company, formerly the Digitter Marathon, revealed in a form 8-k and bulletin It was presented to the US Securities and Stock Exchange Committee (SEC) that entered into the market agreement (ATM) with major financial companies, including Barclays Capital, BMO, BTIG, and Cantor Fitzgerd.

The agreement allows them to sell up to two billion dollars from the shares of “from time to time”, with revenue “allocating” for public companies, including acquisition of bitcoin and working capital.

To date, Bitcoin It is traded at 81,416.81 dollars, a decrease of about 2.4 % in the past 24 hours, CONINECKO data He appears. Analysts said that investors were interacting with them The growth war tense And signs that inflation can remain higher.

However, investors seemed cautious. Yahoo financing data He appears Marah’s shares decreased by 8.58 % on March 28 to $ 12.47, as coding mining shares fell widely amid total economic uncertainty.

The last show indicates the intention of Mara is to double the treasury strategy that quickly gains popularity among companies – from Gamestop 1.3 billion dollars A convertible note is planned to other senior players such as Semler Scientific and Japanese Metapnel.

The strategy has become famous by the software company Michael Silor Strategy (Previously Microstrategy), which turned into an aggressive bitcoin accumulation into the company’s identity.

The strategy currently leads all public companies with 506,137 BTC in its public budget. Mara is the following in the queue, with 46374 BTC – about $ 3.8 billion at current prices, according to Bitcoin bonds Data.

Last July, Mara Farid Thil CEO said the company was “”Full Go Sodel“Commitment to maintain all the BTC and even” performing strategic purchases on the open market. “

The SEC file comes after just weeks Marah mentioned record profits For Q4 2024, with revenue increased by 37 % year on an annual basis to 214.4 million dollars and net income jumps 248 % to 528.3 million dollars.

Although 27 % decreased in BTC’s production due to half in April, the high bitcoin prices MARA helped expectations of $ 1.24 in profits per share.

Edit Stacy Elliot.