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Crypto Miner Marathon’ Decision to Buy Bitcoin Against Bonds Attracts SEC’s Attention, Stock Tanks 27%

On Monday, November 15, crypto-miner Marathon Digital announced that it is willing to buy more Bitcoin and add new mining equipment to its existing fleet by selling $500 million worth of bonds. The private offering of the five-year notes will only be only to the qualified institutional players. As said, the proceeds will go further

On Monday, November 15, crypto-miner Marathon Digital announced that it is willing to buy more Bitcoin and add new mining equipment to its existing fleet by selling $500 million worth of bonds. The private offering of the five-year notes will only be only to the qualified institutional players. As said, the proceeds will go further