MARA Stock Jumps as Company Sells $1.1B Bitcoin to Buy Back $1B Debt at a Discount
MARA sold 15,133 Bitcoin for $1.1 billion to repurchase $1 billion in convertible notes at a 9% discount, saving $88 million and reducing its debt.
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Tom Lee Calls Bottom – BitMine's Big Buy Sparks Ethereum's Strongest Comeback Yet
Ethereum climbs above $2,300 as BitMine adds $139.7M in tokens, ending mini-crypto winter per Tom Lee. ETF inflows return amid strong rally.
Mining's Dark Days: Bitcoin Companies Dump BTC and Pivot to AI to Survive
Bitcoin mining profits have tanked with BTC down ~50% from its 2025 peak. Miners like Core Scientific are selling holdings and shifting to AI to stay alive in tough times.
Morgan Stanley Starts Coverage on Mara Holdings with Cautious Outlook
Morgan Stanley gives Mara Holdings (MARA) an Underweight rating and $8 target, citing bitcoin mining economics and limited upside from data center transitions.
Citigroup Predicts Major Crypto Rally: Bitcoin to Hit $143K, Ethereum $4.3K
Citigroup forecasts bitcoin reaching $143,000 and ethereum $4,304 within 12 months, citing regulatory improvements and growing adoption despite recent market volatility.