MARA Holdings launches up to $2.0B at-the-market stock offering to fund bitcoin buys

Filed March 28, 2025 · ~2 min read

Key Changes

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  MARA is offering up to $2.0 billion of common stock in an at-the-market offering, with proceeds going to the company.

  The Offering verify on EDGAR →
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  Net proceeds are earmarked for general corporate purposes, including bitcoin acquisition and working capital.

  Use of Proceeds verify on EDGAR →
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  The offering could result in up to 492.4 million shares outstanding, implying a post-offering market cap of about $6.7 billion at the assumed $13.64 price.

  The Offering verify on EDGAR →