MARA Sells 15,133 Bitcoin in March, Announces $1 Billion Note Repurchase

According to the company’s official statement, the sale generated about ¥175 billion and was paired with a $1.0 billion buyback of 0.00% convertible senior notes due 2030 and 2031.

Summary

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Terms & Concepts
  • Bitcoin: A decentralized digital asset that operates on a blockchain (shared digital ledger) without a central authority.
  • Convertible senior notes: Corporate debt securities that can be converted into equity under certain terms and rank ahead of junior debt in repayment priority.