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MARA to Raise $850M to Stack More Bitcoin

Published by
Qadir AK

Publicly traded Bitcoin mining giant MARA is set to raise a staggering $850 million to purchase more Bitcoin. The company already holds 50,000 BTC, making it one of the largest corporate Bitcoin holders globally. This move signals MARA’s continued bullish stance on the cryptocurrency, aiming to strengthen its position as institutional interest in Bitcoin grows. The capital raise is expected to significantly expand MARA’s reserves, further cementing its influence in the Bitcoin ecosystem.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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