MARA Holdings Seeks $2 Billion to Expand Bitcoin Reserves

MARA Holdings, the U.S.’s largest Bitcoin miner, is raising up to $2 billion through an at-the-market (ATM) stock offering. The funds will primarily be used to acquire more Bitcoin and support general corporate operations, reinforcing the company’s long-term “hodling” strategy. Partnership with Financial Firms According to a March 28 filing with the U.S. Securities and Exchange Commission (SEC), the Bitcoin miner is partnering with leading financial firms, including Barclays, Cantor Fitzgerald, and Guggenheim Securities, to facilitate the stock sales. “We currently intend to use the net proceeds from this offering for general corporate purposes, including the acquisition of bitcoin

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