Marathon Digital Holdings – one of the largest American mining corporations – will attract debt financingto replenish your VTS balance and purchase ASICs.
In a press release, the company announced an earlyissue of "convertible bonds totaling $ 500,000,000" which expire on December 1, 2026. The bonds will accrue interest every six months. The funds received are planned to be used to replenish the reserve of the BTC company and purchase new mining equipment.
The US company's Nasdaq-listed shares are up 230% in 2021. The company had 7,453 BTC ($490 million) in its reserve assets at the end of last month.
In December 2020, the company acquired a record 70,000 ASICs. In the summer, the company announced that it had purchased another 30,000 S19d Pro Antminers from Bitmain.
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