Bitcoin: MARA Holdings Buys More

Big news from MARA Holdings, a major player in the Bitcoin mining world! They’ve just revealed plans to offer up a whopping $2 billion in stock sales. The company intends to use the money raised to buy even more Bitcoin and to support their ongoing business needs.
MARA Holdings Plans $2 Billion Stock Sale to Purchase Bitcoin
To make this share sale happen, MARA Holdings has teamed up with some heavy hitters in the financial world. They’ve reached agreements with firms like Barclays Capital, BMO Capital Markets, BTIG, Cantor Fitzgerald, Guggenheim Securities, HC Wainwright, and Mizuho Securities.
These stock sales will take place at current market prices on the Nasdaq and other trading platforms. The financial representatives helping with these sales will receive a commission of up to 3% of the total money raised.
Move to Strengthen Bitcoin Strategy
MARA Holdings, which you might remember was formerly known as Marathon Digital Holdings, is a serious force in Bitcoin mining, running one of the largest operations globally. Recently, they’ve been focusing on a strategy to own and manage more of their own mining facilities directly.
According to them, taking direct control of energy resources is a key priority. This move is aimed at bringing down their operational costs and boosting their profit margins.
Currently, MARA Holdings is utilizing around 70% of their total capacity and is actively increasing their investments in projects focused on renewable energy.
This stock sale move is widely seen as part of their overall strategy to grow their Bitcoin reserves. MARA is already recognized as one of the largest institutional Bitcoin holders among publicly traded companies, and they’re positioned as a leading investor in the crypto space, right up there with companies like Michael Saylor’s Strategy Corporation.
Keep in mind that the exact timing and price of this share sale will depend on how the market is doing. MARA also pointed out that the offer could be put on hold or even called off if needed.
On March 28, 2025, MARA shares closed at $12.47 on the Nasdaq. It’s worth noting that the company’s stock performance tends to move very closely with the price fluctuations of Bitcoin itself.
*This is not investment advice.