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Form 8-K · Current Report · Filed 2024-10-15

MARA Holdings Secures $200M Line of Credit

MARA Holdings, Inc. announced on October 15, 2024, that it has secured a $200 million line of credit, collateralized by a portion of its bitcoin holdings. The funds will be used for strategic opportunities and general corporate purposes. This announcement was made via a press release furnished as Exhibit 99.1.

Filer
Mara Holdings Inc. MARA · NASDAQ
Filed
Accession
0001493152-24-041170
CIK
0001507605
Signal
Low impactFinancial Services

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$16.98

Next session

+6.5%

Since filing

-33.5%

Latest close

$11.30

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MARA reporting the same item, with the next session's move:

Exhibits (1)

About Mara Holdings Inc.

Mara Holdings Inc. is a company that primarily specializes in the financial and technological sectors, focusing on innovative endeavors within its portfolio. As part of its core business model, Mara Holdings engages in cryptocurrency mining and digital asset management, which positions it in the rapidly evolving digital finance industry. Its operations include mining of major cryptocurrencies, which involves the validation of digital transactions and adding them to a blockchain ledger, a process crucial to the functionality and security of cryptocurrency networks. The influence of Mara Holdings Inc. extends across multiple sectors, including financial technology and digital currencies, drawing considerable interest as industries adopt blockchain technology and decentralized finance solutions. The company's participation in these markets underscores its role as a proactive entity capitalizing on digital transformation trends. In the context of market significance, Mara Holdings Inc. represents a blend of traditional financial management with the innovative potential of blockchain technology. Its activities not only contribute to the digital asset ecosystem but also highlight the increasing importance of integrating technology-driven financial solutions in today’s economy.

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