Source: Cointelegraph Original: "{title}"

MARA Holdings Inc (MARA) plans to sell up to $2 billion in stock to purchase more Bitcoin, a move similar to Michael Saylor's strategy.

The Bitcoin mining company, formerly known as Marathon Digital, stated in an 8-K form and prospectus submitted to the U.S. Securities and Exchange Commission (SEC) on March 28 that it has entered into a market sales agreement with investment giants Cantor Fitzgerald and Barclays, allowing it to "sell up to $2 billion of its common stock at any time."

MARA added, "We currently plan to use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin and working capital."

MARA's actions replicate the strategy of Bitcoin bull Saylor. Saylor is the Executive Chairman of Strategy (formerly MicroStrategy), the world's largest corporate holder of Bitcoin, which has accumulated 506,137 BTC worth approximately $42.4 billion through various market financing methods, including stock sales.

According to Bitbo data, MARA Holdings' Bitcoin holdings rank second among publicly traded companies, second only to Strategy, holding 46,374 BTC worth about $3.9 billion.

Last July, the company's CEO Fred Thiel stated that MARA would adopt a "full HODL" strategy, not selling mined Bitcoin to fund operations like other crypto mining companies, but instead planning to purchase more BTC as a reserve asset.

The Bitcoin mining company's stock issuance plan follows a similar operation earlier last year when the company planned to sell up to $1.5 billion in stock. Additionally, MARA issued $1 billion in zero-coupon convertible senior notes last November, planning to use most of the funds to purchase Bitcoin.

According to Google Finance data, MARA's stock price fell 8.58% on March 28, closing at $12.47. The day before, reports indicated that Microsoft had abandoned plans to invest in new data centers in the U.S. and Europe, leading to a general decline in crypto mining company stock prices.

According to Robinhood data, MARA's stock price further dropped 4.6% in after-hours trading on March 30, to $11.89.

According to CoinGecko data, Bitcoin is currently trading slightly above $82,000, down 1.2% in the past 24 hours, having previously retreated from a local high of about $83,500.

Related: "Bitcoin Macro Index" bear market signals raise doubts about the expectation of Bitcoin prices returning to $110,000.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。