The mining giant (formerly Marathon Digital) announced that the raised funds will be used to purchase BTC, boost working capital, and expand operations
Possible uses include new mining servers, debt repayment, and acquiring assets
At the current price, MARA could buy around 24,400 BTC — a strong move to reinforce its position in the market!
Back in late 2024, the company already purchased 15,574 BTC for $1.53 billion