𝗠𝗮𝗿𝗮 & 𝗧𝗿𝘂𝗺𝗽 𝗠𝗲𝗱𝗶𝗮 𝗕𝗲𝘁 𝗕𝗶𝗴 𝗼𝗻 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝘄𝗶𝘁𝗵 $𝟯 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗡𝗲𝘄 𝗠𝗼𝘃𝗲𝘀
⬛ Mara Holdings, a major Bitcoin miner, plans to raise up to $1 billion through convertible senior notes to boost its Bitcoin treasury.
The plan includes $850 million offered to institutional buyers, plus an option for another $150 million — with notes maturing in 2032.
Mara says it’ll use:
Up to $50 million to buy back part of its 2026 notes.
Funds to cover capped‑call fees.
And to buy more Bitcoin at around $118,487 per coin.
These new notes won’t pay interest and remain subject to market conditions before the sale is finalized.
⬛ Bitcoin remains core to Mara’s strategy
Mara says BTC is central to its long‑term growth.
The company now holds around 50,000 BTC, ranking it as the second-largest corporate holder behind Strategy, which holds 607,000 BTC.
Earlier this year, Mara also invested in Two Prime, an adviser managing $1.75 billion, to increase its Bitcoin exposure.
In June, Mara reported a 35% rise in monthly BTC production and set a record annual mining revenue of $752 million.
⬛ Trump Media joins the crypto treasury trend
At the same time, Trump Media — parent of Truth Social — bought about $2 billion in BTC and related assets this week.
The firm also plans to invest another $300 million in Bitcoin‑linked securities and may convert more of its options into BTC as market conditions allow.
CEO Devin Nunes said holding Bitcoin protects the company from financial discrimination and supports future plans for a utility token on Truth Social.
Shares of Trump Media rose over 7% on the news, though its stock remains down about 45% in 2025.
✅ Big picture: Both Mara and Trump Media are doubling down on Bitcoin as part of their treasury strategy — showing how corporate crypto adoption keeps growing, even in a volatile year.