MARATHON PLANS $2B STOCK SALE TO EXPAND BITCOIN HOLDINGS
Public mining giant Marathon Digital (MARA) has filed to sell $2 billion in stock, aiming to increase its Bitcoin reserves and expand operations. This comes as institutional demand for Bitcoin exposure grows.
Marathon already holds 16,930 BTC ($1.1B) and continues to position itself as one of the largest corporate Bitcoin holders. The capital raise signals long-term conviction despite market volatility.
Source: SEC Filing