MARA - Shares Of Bitcoin Miner Marathon Digital Are Moving Lower: What's Going On? | Benzinga
Marathon Digital Holdings Inc (NASDAQ: MARA) shares are trading lower. Late Wednesday, the company announced the completion of privately negotiated convertible note exchanges.
What Happened: Marathon Digital said it completed the pricing period of its privately negotiated exchange agreements with certain holders of its 1% convertible senior notes due in 2026.
Marathon exchanged $417 million worth of the notes for 31.7 million newly issued shares ...