Today news
About the same in other media
Crypto miner marathon to sell $500 million of bonds to buy more Bitcoin
Reading now: 607
livemint.comShares of Marathon Digital Holdings Inc. tumbled 27% after the cryptocurrency mining company disclosed that it received a subpoena from the U.S. Securities and Exchange Commission related to a partnership for a Montana data facility.
In a quarterly filing, Marathon acknowledged the subpoena asking it to produce documents and communications concerning the facility in Hardin, Montana, a venture formed with Beowulf Energy in October 2020. The SEC may be investigating whether there were violations of securities law, the Las Vegas-based company said. The firm also announced plans to sell $500 million in convertible securities.
“It’s never good news for the SEC following up," said Chris Brendler, an analyst at DA Davidson & Co. who has a buy
Read more on livemint.comAbout this in other media
Galaxy Digital raises $500 million in convertible debt to fund business expansion cointelegraph.com /2 years ago
More Bitcoin for MicroStrategy following $414M purchase ambcrypto.com /2 years ago
Watch: CryptoBirb on Trends in Crypto Trading, His Exit Strategy, Bear Market, and More cryptonews.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
