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Nasdaq-listed Bitcoin mining firm Marathon to raise $500M in debt -Breaking

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© Reuters.

Marathon Digital Holdings (one of the biggest)BTC(US) Mining Companies are seeking to borrow $500 million to acquire Bitcoin and to set up new Bitcoin miners.

Officially listed on Nasdaq AnnoucedMonday saw the launch of a private debt offer that included $500 million principal amount in its convertible senior note. After 13 days, the company expects that the first purchasers will be able to buy up to $75 million more principal amounts of notes.