Marathon Digital upsizes debt offering to $1 billion for Bitcoin expansion

Marathon Digital, a Nasdaq-listed Bitcoin mining company, has revealed plans to increase its debt offering, which will mature in 2030, to $1 billion, according to a Nov. 18 statement. Marathon explained that the zero-interest senior notes would be sold privately to qualified institutional buyers under Rule 144A of the Securities Act of 1933. The firm … Continue reading Marathon Digital upsizes debt offering to $1 billion for Bitcoin expansion