MARA Holdings, Inc., a leading digital energy and infrastructure company, announced a proposed private offering of $850 million in zero coupon convertible senior notes due 2032. These notes will be offered to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933. The notes will not bear regular interest and are expected to mature on August 1, 2032. Additionally, MARA may grant the initial purchasers an option to purchase up to an additional $150 million of the notes within a 13-day period from the initial issuance date. The offering is subject to market and other conditions.
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