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Home/News Feed/MARA repurchases $1B convertible notes and sells 15,133 Bitcoin to reduce debt and boost growth.
MARA
$12.04
-$0.25 -2.03%

MARA repurchases $1B convertible notes and sells 15,133 Bitcoin to reduce debt and boost growth.

Company Fundamentals
26 Mar 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

MARA Holdings announced it will repurchase $1 billion of its 0.00% Convertible Senior Notes due 2030 and 2031 at a discount, saving about $88 million and reducing debt by 30%. The company sold 15,133 Bitcoin for approximately $1.1 billion to fund the repurchase, aiming to strengthen its balance sheet and reduce potential shareholder dilution. This move enhances MARA's financial flexibility as it expands beyond bitcoin mining into digital energy and AI infrastructure. The repurchases are expected to close by the end of March 2026.

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