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MARA Secures $600M Loan Pledge with 18,750 BTC

Guavy AI Editorial Team
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BTC
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MARA Holdings has secured $600 million in loans by pledging 18,750 BTC to fund its expansion into energy acquisitions, Bitcoin mining, artificial intelligence, and high-performance computing infrastructure.

The funds will also support MARA's recent acquisition of Long Ridge Energy & Power for $1.5 billion.

The loans carry interest rates around 7.5%, with potential annual interest of $56.7 million if the full principal remains outstanding.

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