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3 sourcesTracking since 9 Aug, 06:30

MARA Pledges 18,750 BTC for $600 Million New Bitcoin-Backed Loans

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MARA Holdings

Chronological coverage

9 August
Latest9 Aug, 10:20
MARA pledges 18,750 BTC for $600M in new loans
MARA pledged 18,750 BTC worth about $1.2B to secure $600M in new borrowing for corporate needs, energy assets and AI expansion.
Crypto.news•Olivia Stephanie
Follow-up9 Aug, 07:20
MARA secures $600M in Bitcoin-backed loans, pledges 18,750 BTC for AI and energy push
MARA's strategic pivot into AI and energy sectors could diversify revenue streams but increases financial risk with significant Bitcoin collateral.
CryptoBriefing•Editorial Team
First seen9 Aug, 06:30
MARA Pledges 18,750 BTC for $600 Million New Bitcoin-Backed Loans
MARA (NASDAQ: MARA) has secured $600 million of new debt after pledging 18,750 BTC, tapping its bitcoin reserves to help finance an expansion into power generation and AI infrastructure. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and […]
Bitcoin.com News•Guest Author