The post Marathon Digital Plans $750 Million Equity Offering for Bitcoin Mining! appeared first on Coinpedia Fintech News

Bitcoin mining company Marathon Digital has expressed its intention to raise as much as $750 million through a hybrid equity offering. The company, which held 13,726 Bitcoins as of September 30 and produces over 1,000 Bitcoins per month, has filed a FORM S-3 form with the U.S. Securities and Exchange Commission. The funds generated from the offering will be used to invest in new mining equipment and expand operations. Marathon Digital is listed on the Nasdaq stock exchange under the ticker symbol “MARA”.

The post Marathon Digital Plans $750 Million Equity Offering for Bitcoin Mining! appeared first on Coinpedia Fintech News

Bitcoin mining company Marathon Digital has expressed its intention to raise as much as $750 million through a hybrid equity offering. The company, which held 13,726 Bitcoins as of September 30 and produces over 1,000 Bitcoins per month, has filed a FORM S-3 form with the U.S. Securities and Exchange Commission. The funds generated from the offering will be used to invest in new mining equipment and expand operations. Marathon Digital is listed on the Nasdaq stock exchange under the ticker symbol “MARA”.