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![cryptovicci Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::915325901503631361.png) Cryptovicci 🌐 [@cryptovicci](/creator/twitter/cryptovicci) on x 2568 followers
Created: 2025-07-23 11:36:45 UTC

$MARA is raising $850M via zero-coupon convertible notes due 2032.

✔ No interest payments (0% coupon)
✔ Option to add $150M more
✔ Proceeds: repurchase X% 2026 notes, buy BTC, expand EH/s
✔ Capped calls to limit dilution

X. Buy more BTC to the treasury and, 
X. Mine more BTC to become available for their lending arm.
X. Yield in BTC 
= X% interest rate for X years.  
#Bitcoin #MARA #CryptoMining #BTC

![](https://pbs.twimg.com/media/Gwifza_XYAA8_mu.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947984225744867730/c:line.svg)

**Related Topics**
[#bitcoin](/topic/#bitcoin)
[lending](/topic/lending)
[$150m](/topic/$150m)
[fed rate](/topic/fed-rate)
[$850m](/topic/$850m)
[$mara](/topic/$mara)
[stocks financial services](/topic/stocks-financial-services)
[stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries)

[Post Link](https://x.com/cryptovicci/status/1947984225744867730)