Bitcoin miner MARA Holdings, formerly known as Marathon Digital, is launching a stock offering to raise $2 billion, enabling the company to acquire more Bitcoin and cover general corporate purposes. The announcement came through an 8-K filing with the U.S. Securities and Exchange Commission, detailing an at-the-market agreement with major financial firms. Currently, MARA stock is trading around $81,416.81. Recent market trends have indicated a drop in crypto mining stocks amid macroeconomic uncertainty, contributing to an 8.58% decline in MARA’s stock price shortly before the offering. Despite a 27% decrease in Bitcoin production following last year's halving, rising Bitcoin values have allowed MARA to exceed revenue expectations in its latest financial report, revealing a year-over-year revenue increase of 37%. This new strategy aligns with a trend among corporations, like MicroStrategy, focusing on accumulating Bitcoin aggressively, with MARA holding nearly 46,374 BTC valued at approximately $3.8 billion.

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