MARA

With our 0% $1 billion convertible notes offering, we are excited to share an update: - Acquired an additional 703 BTC, bringing the total to 6,474 BTC, at an average price of $95,395 per BTC - YTD BTC Yield Per Share 36.7% - Total owned BTC: ~34,794 BTC, currently valued at $3.3B based on a spot BTC price of $95k - Bought back a portion of 2026 notes for $200 million - ~$160M in remaining proceeds available net of transaction costs for future BTC dip purchases

Our acquired data centers in Ohio are expected to increase our total owned and operated compute capacity to approximately 65 percent.

With Senator Cynthia Lummis's #Bitcoin Act in the pipeline, the US must lead in mining, blockspace, & hashrate so we can ensure that “...a sovereign can have sovereignty.” - Fred Thiel  Read more: https://lnkd.in/g79sgUeQ

Our 50 exahash goal for this year is firmly in sight, and we expect to get there by mid-to-late December. #MARA50

Last night, Alex J. Cutchey, Esq., MBA and Jayson Browder, MPA represented MARA at the George W. Bush Presidential Library for a dinner with Rep. French Hill. MARA proudly supports his leadership in shaping clear #DigitalAsset policies and driving innovation in America.

We achieved 604 #Bitcoin block wins during Q3 2024, a 32% increase over from Q2 2024.

A huge congratulations to Fred Thiel, Salman Khan, Zabi Nowaid, Paul Giordano, John Ellis, Iman Naim and the entire MARA team on your upsized $1 billion zero-coupon convertible offering! Thank you for continuing to trust us to serve as your capital markets advisor on your third convertible issuance. Thank you also to the teams at Paul, Weiss, Rifkind, Wharton & Garrison LLP (Luke Jennings, John Kennedy, Maria Gabriella Boria), and Davis Polk & Wardwell LLP (Alan Denenberg, Jason Bassetti, and Savannah Dowling) who acted as legal advisors on the transaction. #capitalmarkets #convertible #technology #bitcoin 

🏆 Congratulations to the winners of the Awards of Excellence—a legacy 15 years in the making. This prestigious recognition has become a global benchmark of excellence, celebrating the individuals and companies shaping the upstream industry with vision, innovation, and unparalleled performance. From first-class deals to groundbreaking value creation, from industry-changing innovation to exceptional financial and operational achievements, these awards honour those at the forefront of progress. We also celebrate the executives whose leadership continues to redefine the future of energy. Here’s to the trailblazers who inspire and lead with excellence. 🏆 NOC of the Year: ADNOC Group Large Cap of the Year: ExxonMobil Mid Cap of the Year: Harbour Energy Small Cap of the Year: Viaro Energy Exploration of the Year: Galp Energy Technology of the Year: MARA Decarbonisation Project of the Year: Northern Lights JV Deal of the Year: Harbour Energy/Wintershall Dea Executive of the Year: Ufoma Joseph Immanuel, CEO, Chappal Energies Lifetime Achievement of the Year: Julian Mylchreest, Executive Vice Chairman at Bank of America #WECA24

$1 Billion. 0% interest. MARA has completed the largest convertible notes offering ever amongst BTC miners. The mission, as always: Provide value. Acquire #bitcoin. Learn more: https://lnkd.in/e7bx8W6m

During Cryptio's Crypto Finance Forum, MARA CFO Salman Khan shared his insights on #bitcoin as a treasury asset. Watch the panel here: https://lnkd.in/eB49NxBF