tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Marathon Digital Announces $950M Convertible Notes Offering

Story Highlights
Marathon Digital Announces $950M Convertible Notes Offering

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Marathon Digital Holdings ( (MARA) ) just unveiled an announcement.

On July 23, 2025, MARA Holdings, Inc. announced the pricing of a $950 million upsized private offering of 0.00% convertible senior notes due 2032, with an option for initial purchasers to acquire an additional $200 million. The net proceeds are expected to be used for repurchasing existing convertible notes, capped call transactions, acquiring bitcoin, and general corporate purposes. The offering is anticipated to close on July 25, 2025, and is aimed at qualified institutional buyers, potentially impacting the market price of MARA’s common stock.

The most recent analyst rating on (MARA) stock is a Hold with a $23.00 price target. To see the full list of analyst forecasts on Marathon Digital Holdings stock, see the MARA Stock Forecast page.

Spark’s Take on MARA Stock

According to Spark, TipRanks’ AI Analyst, MARA is a Neutral.

Marathon Digital Holdings has a challenging financial situation, which heavily impacts its overall score. Despite some technical strength and strategic developments, the negative valuation and significant earnings call losses weigh heavily. Future performance is closely tied to Bitcoin price recovery and operational improvements.

To see Spark’s full report on MARA stock, click here.

More about Marathon Digital Holdings

MARA Holdings, Inc. is a leading digital energy and infrastructure company.

Average Trading Volume: 48,170,519

Technical Sentiment Signal: Buy

Current Market Cap: $6.18B

For a thorough assessment of MARA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1