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Bitcoin miner MARA completes $1 billion convertible note financing

Bitcoin miner MARA completes the $1 billion convertible note financing, which includes a $150 million note issued under a purchase option granted to the initial purchaser under the purchase agreement, with a purchase option term of 13 days from the date of the initial issuance of the note, the original purchaser is fully exercised on November 19, 2024, and the additional purchase is completed on November 20, 2024.