{"id":574524,"date":"2026-03-26T14:53:10","date_gmt":"2026-03-26T14:53:10","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/26\/mara-sells-1-1b-in-bitcoin-to-buy-back-debt-at-9-discount\/"},"modified":"2026-03-26T14:53:10","modified_gmt":"2026-03-26T14:53:10","slug":"mara-sells-1-1b-in-bitcoin-to-buy-back-debt-at-9-discount","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/26\/mara-sells-1-1b-in-bitcoin-to-buy-back-debt-at-9-discount\/","title":{"rendered":"MARA sells $1.1B in Bitcoin to buy back debt at 9% discount"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YWUzYzAtY2Y0My03ZTQ3LWExNmEtYTc4OTlmZWEwYWU0.jpg\" alt=\"MARA sells $1.1B in Bitcoin to buy back debt at 9% discount\" class=\"type:primaryImage\" \/><\/p>\n<p>MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy back $1 billion of zero-coupon convertible notes at a discount, reducing its convertible debt by roughly 30%.<\/p>\n<p>MARA Holdings sold more than $1 billion of Bitcoin in March to repurchase convertible debt at a discount, using its BTC holdings to reduce leverage, the company said Thursday.<\/p>\n<p>In a US Securities and Exchange Commission <a title=\"https:\/\/ir.mara.com\/sec-filings\/all-sec-filings\/content\/0000950142-26-000873\/eh260755847_8k.htm\" href=\"https:\/\/ir.mara.com\/sec-filings\/all-sec-filings\/content\/0000950142-26-000873\/eh260755847_8k.htm\" target=\"_blank\" rel=\"nofollow noopener\">filing<\/a>, the largest listed US Bitcoin miner said it would buy back about $1 billion of zero-coupon convertible notes due 2030 and 2031 for roughly $913 million in cash, capturing about $88 million in savings, or close to a 9% discount to par.\u00a0<\/p>\n<p>The company said it sold 15,133 Bitcoin (<a title=\"\/bitcoin-price\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\" target=\"_blank\" rel=\"nofollow noopener\">BTC<\/a>) for around $1.1 billion between March 4 and March 25 to fund the transactions, which it said will cut its outstanding convertible debt by about 30% to roughly $2.3 billion once the deals close at the end of the month. According to Bitcointreasuries.net, MARA now <a title=\"https:\/\/bitcointreasuries.net\/\" href=\"https:\/\/bitcointreasuries.net\/\" target=\"_blank\" rel=\"nofollow noopener\">holds<\/a> 38,689 BTC on its public balance sheet.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/mara-sells-1-1b-btc-in-march-to-purchase-debt-at-a-discount\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy back $1 billion of zero-coupon convertible notes at a discount, reducing its convertible debt by roughly 30%. MARA Holdings sold more than $1 billion of Bitcoin in March to repurchase convertible debt at a discount, using its BTC holdings to reduce leverage, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":574525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-574524","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/574524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=574524"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/574524\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/574525"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=574524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=574524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=574524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}