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Namrata Sen

MARA Holdings Stock Fell Nearly 3% In Friday Pre-Market: What's Going On?

MARA ARK MARA Holdings Bitcoin

Business,Golden,Coin,Digital,Currency,On,Stock,Market,Financial,Positive

MARA Holdings Inc. (NASDAQ:MARA) shares fell 2.95% during the Friday pre-market trading session following the company’s announcement of a proposed private offering.

What Happened: The company disclosed its intention to offer $850 million of 0.00% convertible senior notes due 2032 in a private offering to institutional buyers. The underwriters will have a 13-day option to buy an additional $150 million worth of the notes.

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