Bitcoin (BTC) sales by MARA Holdings (MARA) fuels rise in stock price
MARA Holdings (MARA) sold 15,133 bitcoin for approximately $1.1 billion between March 4 and March 25 to fund a major balance sheet overhaul. The company is using the proceeds to repurchase roughly $1.0 billion of its 0.00% convertible senior notes due 2030 and 2031 at a discount. In total, MARA will buy back $367.5 million…