MARA Holdings’ Stock Jumps On Plan To Reduce Debt

MARA Holdings’ Stock Jumps On Plan To Reduce Debt MARA Holdings (NASDQ: $MARA) stock was up as much as 10% pre market after the company announced a plan to reduce its debt.  The Bitcoin (CRYPTO: $BTC) miner said that it sold 15,133 Bitcoin worth $1.1 billion U.S. in order to pay down debt and improve its balance sheet. Specifically, MARA is using the proceeds from the Bitcoin sale to repurchase $1 billion U.S. of its 0.00% convertible senior notes due in 2030 and 2031. More From Cryptoprowl: MARA Holdings ...