Bitcoin mining company Marathon Digital plans to issue stock for financing, with a maximum total issuance price of $750 million
ChainCatcher news, according to the S-3 registration statement submitted by Bitcoin mining company Marathon Digital to the U.S. SEC, plans to raise funds through a mixed equity offering, with a maximum total offering price of $750 million.
Marathon Digital stated: "We may from time to time sell shares of common stock, preferred stock, warrants, units, or a combination of these securities in one or more offerings, at prices and on terms to be determined at the time of each offering, to raise up to $750 million in initial offering proceeds."
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