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Bitcoin miner MARA sells $2 billion worth of shares to buy more BTC
March 31, 2025 – In a surprise move, Bitcoin mining company MARA Holdings Inc. (MARA) has announced plans to sell $2 billion in shares to acquire even more Bitcoin.
This unprecedented decision mirrors that of Michael Saylor’s Strategy company, which has amassed over 500,000 Bitcoin since August 2020 by buying up large quantities of the cryptocurrency. It appears MARA is following a similar strategy, pouring $2 billion into the purchase of additional Bitcoin in an effort to expand its digital assets.
The plan is to use the funds raised from selling shares to increase MARA’s holdings of BTC. The company has not disclosed any specific details on how it intends to utilize these new funds or what kind of impact this will have on the global cryptocurrency market.
As the world watches with bated breath, one thing is clear: Bitcoin miners are becoming increasingly aggressive in their pursuit of more digital assets.
Source: https://thebitcoinnews.com/bitcoin-miner-mara-sells-2-billion-worth-of-shares-to-buy-more-btc/
