Bitcoin.com

MARA Pledges 18,750 BTC for $600 Million New Bitcoin-Backed Loans

MARA Pledges 18,750 BTC for $600 Million New Bitcoin-Backed LoansWorldPing

MARA (NASDAQ: MARA) has secured $600 million of new debt after pledging 18,750 BTC, tapping its bitcoin reserves to help finance an expansion into power generation and AI infrastructure. This article first appeared in The Energy Mag.

This is a short WorldPing brief. The full report was published by Bitcoin.com.

Read the full report at Bitcoin.com

Related news

Ethereum Whale Capitulates After 3 Years, Losses Top $19 MillionWorldPing
Bitcoin.com

Ethereum Whale Capitulates After 3 Years, Losses Top $19 Million

An ethereum whale who bought in during 2022 and 2023 capitulated on August 8, selling at a loss now exceeding $19 million, the same day a separate fresh wallet received $87.28 million in bitcoin from Galaxy Digital.

Brief by WorldPing · Original reporting by Bitcoin.com