MARA Holdings, Inc., a leading Bitcoin (BTC) mining company, has announced that it plans to offer $850 million principal amount of 0.00% convertible senior notes due in 2032. This move aims to strengthen the company’s financial position and support its long-term growth. According to the press release , the offering will be available only to qualified institutional investors, as defined by Rule 144A of the Securities Act of 1933. MARA Holdings Convertible Notes Offering Convertible senior notes represent a form of debt security that offers investors the option to convert their holdings into equity at a future date, while also accruing interest. For MARA, these convertible senior notes will not earn interest (other than special interest in limited circumstances), unless they are converted, repurchased, or redeemed earlier. The special interest on the notes, if any, will be paid semi-annually in arrears on February 1 and August 1 each year, starting from February 2026. Notably, this zero-coupon structure enables MARA Holdings to raise capital without incurring immediate cash interest payments, thereby providing them with greater flexibility to manage their operational cash flow. Investors have the flexibility to either hold these senior, unsecured notes until they mature or convert them into shares of MARA Holdings. Additionally, the company will offer the initial buyers a 13-day option, starting from the issue date, to purchase up to an additional $150 million. MARA Holdings Strategic Financial Maneuvering MARA plans to use up to $50 million from the sale of the notes to repurchase some of its existing 1.00% convertible senior notes, which are due in 2026. The remaining funds from this offering will likely be used to purchase additional Bitcoin and for general business purposes. This may include paying off more debt, improving operations, or making strategic investments in blockchain technology and AI-driven solutions. Recall that the company reported a noticeable drop in Bitcoin production for June 2025 . Despite the dip, MARA remains focused on its long-term strategy. It plans to keep expanding its mining capacity and energy infrastructure as part of its broader goal to lead in the fast-growing Bitcoin mining industry. Similarly, the company is aiming high, with plans to reach a hash rate of 75 EH/s by the end of 2025. “Invest-and-Forget” Approach for Bitcoin Earlier in the year, Fred Thiel, CEO of MARA Holdings, suggested a straightforward strategy for retail investors: invest in BTC regularly and let it be. In his words, “My recommendation to my kids, for example, is to put a little aside every month in BTC and let it grow over time.” He emphasized that over two ot four years, this method can yield significant returns, noting Bitcoin’s average annual growth of 29% to over 50%. Thiel acknowledges the volatility inherent in Bitcoin compared to traditional financial assets. He remained confident in the cryptocurrency’s potential to outperform over extended periods. It is worth noting that MARA Holdings mirrors its CEO’s bullish stance on Bitcoin . The post MARA Holdings Announces $850M Offering to Buy Bitcoin appeared first on TheCoinrise.com .
