MARA pledges 18,750 BTC for new funding
MARA has completed two loans with a total value of $600 million.
The facilities have a principal of $750 million, including a $450 million loan from Coinbase.
The proceeds will be used for general corporate purposes, including energy asset acquisitions and expansion of Bitcoin mining infrastructure.
The loans carry interest rates of 7.5% and 7.65%, with both maturing in 2028.