Bitcoin (BTC) mining company MARA says it acquired 15,574 BTC for $1.53 billion after raising $1.925 billion from its zero-coupon convertible notes offerings in November and December.
In a post on social media platform X, MARA says it now holds 44,394 BTC following its recent purchase of the flagship crypto asset.
The Florida-based firm’s BTC holding is currently worth $4.3 billion based on Bitcoin’s price of $97,377.
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“MARA has acquired 15,574 BTC for ~$1.53 billion at ~$98,529 per Bitcoin and repurchased ~$263 million in aggregate principal amount of its existing convertible notes due 2026, and expects to use the remaining proceeds to acquire additional Bitcoin.”
The company says it plans to buy more Bitcoin as it achieves a BTC yield of 22.5% quarter-to-date (QTD) and
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