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Benzinga
Benzinga
Business
Adam Eckert

MARA Holdings Stock Is Moving Lower Wednesday: Here's Why

MARA MARA Holdings Bitcoin
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MARA Holdings Inc (NASDAQ:MARA) shares are moving lower Wednesday after the company announced a proposed private offering.

What To Know: MARA Holdings said it intends to offer $850 million of 0.00% convertible senior notes due 2032 in a private offering to institutional buyers. The company expects to grant the underwriters a 13-day window to purchase up to an additional $150 million of the notes.

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