iHub News
3月前
MARA Holdings shares climb after $1 billion convertible debt buybackMarch 26, 2026 10:04 AM
IH Market News
Shares of MARA Holdings (NASDAQ:MARA) gained about 5% in Thursday morning trading after the company revealed plans to repurchase roughly $1 billion of its outstanding convertible debt, even as bitcoin prices showed weakness.The digital energy and infrastructure firm said it had reached privately negotiated agreements to buy back about $367.5 million in principal of its 0.00% Convertible Senior Notes due 2030 for roughly $322.9 million, along with around $633.4 million in principal of its 0.00% Convertible Senior Notes due 2031 for approximately $589.9 million. The transactions are scheduled to close on March 30 and March 31, 2026, respectively.MARA expects the repurchases to generate about $88.1 million in value through cash savings before transaction costs, representing a discount of roughly 9% to the notes’ par value. Once completed, the deals will cut the company’s outstanding convertible debt by around 30%. After the transactions, $632.5 million in principal of the 2030 notes and $291.6 million of the 2031 notes will remain outstanding.To finance the buybacks, MARA sold 15,133 bitcoin between March 4 and March 25, 2026, generating total proceeds of about $1.1 billion. Any remaining funds from the sale will be used for general corporate purposes.Following the repurchases, the company’s total convertible note obligations are expected to decline from $3.3 billion as of December 31, 2025, to roughly $2.3 billion.J. Wood Capital Advisors acted as financial advisor on the transactions, while Paul, Weiss, Rifkind, Wharton & Garrison served as legal advisor.MARA Holdings stock price
Original: MARA Holdings shares climb after $1 billion convertible debt buyback
iHub News
4月前
Bitcoin Slips Below $68K as Recovery Fades, On Track for Fifth Monthly DeclineFebruary 27, 2026 5:28 AM
IH Market News
Bitcoin (COIN:BTCUSD) moved lower on Friday, reversing part of its recent rebound from weekly lows as investor risk appetite remained subdued. The world’s largest cryptocurrency is now heading toward a fifth consecutive month of significant losses.The broader cryptocurrency market largely followed Bitcoin’s direction, with digital assets also poised for notable declines in February as both retail and institutional investors continued to stay cautious toward the sector.Bitcoin dropped nearly 1% to $67,788.0 as of 00:48 ET (05:48 GMT).
Bitcoin set for fifth straight monthly loss
The token was down roughly 14% for February, reflecting a persistent risk-off environment across crypto markets that showed little sign of easing throughout the month.Rising geopolitical tensions worldwide, uncertainty surrounding major global economies, and concerns about potential disruptions linked to U.S. trade tariffs have kept investors wary of speculative assets such as cryptocurrencies.Bitcoin at one point had fallen as much as 50% from its October record high earlier in the month, although prices have since staged a modest recovery from those lows.Despite this bounce, the cryptocurrency has remained in a prolonged downward trend since October, with purchases by major corporate holder Strategy failing to meaningfully stabilize prices.Strategy has also slowed the pace of its Bitcoin acquisitions in recent months amid concerns that continued price weakness could eventually force the company to liquidate part of its holdings to meet debt obligations.
MARA Holdings jumps as AI partnership outweighs weak earnings
Shares of MARA Holdings, formerly Marathon Digital (NASDAQ:MARA), surged Thursday evening after the Bitcoin miner announced an agreement with Starwood Capital to repurpose some of its mining facilities into artificial intelligence data centers.MARA shares climbed as much as 17% in after-hours trading.The announcement of the AI partnership overshadowed the company’s $1.7 billion fourth-quarter loss, which reflected the impact of prolonged weakness in Bitcoin prices that has weighed heavily on mining profitability.Revenue also missed analyst expectations. With Bitcoin under pressure and enthusiasm around artificial intelligence accelerating, MARA has increasingly shifted strategy toward deploying its computing infrastructure for AI data center operations rather than traditional crypto mining.
Crypto prices today: altcoin rebound loses momentum, February losses deepen
The broader crypto market declined again on Friday after a brief rebound earlier in the week, leaving many tokens on track for steep February losses.Ether, the world’s second-largest cryptocurrency, fell 1.2% to $2,038.21 and was set to decline nearly 17% for the month. The token faced additional pressure after founder Vitalik Buterin sold more of his holdings, reinforcing cautious sentiment across the market.XRP dropped 2.3% and was headed for a monthly loss of about 15%, while BNB traded mostly flat on Friday but remained down nearly 20% for February.Solana has fallen roughly 17% this month, while Cardano was little changed. Among meme tokens, Dogecoin and $TRUMP declined 5.4% and 20%, respectively, over the course of February.Bitcoin price
Original: Bitcoin Slips Below $68K as Recovery Fades, On Track for Fifth Monthly Decline
revgrumpy
5月前
On 12/30/2025, MARA filed a SEC Form S-8 Employee Benefits Plan which provided registration of an additional 33M share allotment for "Employee Benefits". This brings the aggrated total for Employee Benefits to 63M shares. Given the history of the SEC 144 and S-4 filings by the current "staff", I was interested in what new allomtents had been made and to whom.
Given the above, over the last three weeks I have attempted to contact MARA corporate investor relations to inquire into the 12/30/25 S-8 filing at the number listed on the web site Tel: 800-804-1690 or email ir@mara.com. I've have left 3 telephone request for a telephone calls and 3 email/text request for the same. When submited, I received a recorded response that "a representative will respond as soon as possible". As a stock holder of 15,000 shares of MARA I expected that I would receive a call or contact back. Nada! Zilch! Nothing!
Frustrated, I tried to contact the transfer agent, Equiniti Trust CompanyKimberly M SchamsT: 651-306-4357 https://equiniti.com/us/. Resonse "We're sorry, the number you have dialed is not in service".
I am beyond frustrated, irritated.......what's the term "POSTAL"
getmoreshares
11月前
On July 23, 2025, MARA Holdings, Inc. (the “Company”) announced that, as of June 30, 2025, the Company had approximately 310,000 energized miners across all its locations. During the three months ended June 30, 2025, the Company mined 2,358 bitcoin with an average of 25.9 bitcoin produced per day (over 3m revs per day !!), comprising 5.7% of the share of available miner rewards. As of June 30, 2025, the Company’s total bitcoin holdings equaled 49,951 bitcoin (including bitcoin that is loaned, collateralized or under asset management). During the three months ended June 30, 2025, the Company won a total of 694 bitcoin blocks. In the first half of 2025, the Company won a total of 1,360 bitcoin blocks and produced 4,644 bitcoin.