MARA Holdings' Bold $850M Bet: Bitcoin, Wind Farms, and a 64% Stock Surge in 12 Months

GuruFocus.com12-03

MARA Holdings (NASDAQ:MARA) just made waves, announcing an $850 million zero-coupon convertible notes offering due 2031, with an extra $150 million on the table for initial purchasers. The kicker? ...

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The kicker? ...</p>\n\n<a href=\"https://finance.yahoo.com/news/mara-holdings-bold-850m-bet-142359545.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://finance.yahoo.com/news/mara-holdings-bold-850m-bet-142359545.html","article_id":"2488946377","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/9uPy_x7ji0gjMr2pCpn6WA--~B/aD0xNDQ7dz0xNDQ7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/343d790f4300c273df77350ee0028ef4"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488946377","pubTimestamp":1733235839,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"MARA Holdings  just made waves, announcing an $850 million zero-coupon convertible notes offering due 2031, with an extra $150 million on the table for initial purchasers. The kicker?These notes come with a 40% premium over the current stock price, signaling investors are betting big on MARA's crypto-driven future. The company plans to use the cash to buy more bitcoin, retire $48 million in older debt, and fund general expansion. With bitcoin doubling in value this year, this move aligns perfectly with MARA's aggressive growth strategy in the digital asset space.GuruFocus has detected 8 Warning Signs with MARA.These moves put MARA squarely at the intersection of crypto and sustainabilitytwo megatrends reshaping the future. The wind farm play helps cut costs while reinforcing MARA's commitment to greener operations, and the $850 million raise secures the capital needed to expand its bitcoin war chest. Shares are already up over 64% in the past twelve months, and if MARA executes well, t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4516":"特朗普概念","BK4023":"应用软件","BK4596":"哈里斯概念","BK4595":"比特币概念","IBIT":"iShares Bitcoin Trust","BK4547":"WSB热门概念","BK4600":"加密货币概念","MARA":"MARA Holdings","BK4601":"加密货币现货ETF","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念"},"translate_title":"MARA Holdings大胆押注8.5亿美元：比特币、风电场以及12个月内股价飙升64%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IBIT":1,"MARA":1},"content_text":"MARA Holdings (NASDAQ:MARA) just made waves, announcing an $850 million zero-coupon convertible notes offering due 2031, with an extra $150 million on the table for initial purchasers. The kicker? These notes come with a 40% premium over the current stock price, signaling investors are betting big on MARA's crypto-driven future. The company plans to use the cash to buy more bitcoin, retire $48 million in older debt, and fund general expansion. With bitcoin doubling in value this year, this move aligns perfectly with MARA's aggressive growth strategy in the digital asset space.\n\nWarning! GuruFocus has detected 8 Warning Signs with MARA.\n\nBut MARA isn't stopping there. It's also diving headfirst into renewable energy with the purchase of a 114-megawatt wind farm in Texas. The facility, which will power MARA's mining operations when the wind is blowing, represents a sharp pivot from grid dependence. CEO Fred Thiel summed it up best: We can move the market to where the electrons are. This shift is part of a broader response to an energy landscape dominated by AI giants paying top dollar for grid capacity, forcing bitcoin miners to get creative. Thiel also hinted at an appetite for more wind farm deals down the road.\nThese moves put MARA squarely at the intersection of crypto and sustainabilitytwo megatrends reshaping the future. The wind farm play helps cut costs while reinforcing MARA's commitment to greener operations, and the $850 million raise secures the capital needed to expand its bitcoin war chest. Shares are already up over 64% in the past twelve months, and if MARA executes well, this combo of bold finance and renewable energy could be the secret sauce to dominate both markets. Investors, take note.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2488946377"}