Why Bitcoin-Related Stock MARA Holdings Is Falling
Why Bitcoin-Related Stock MARA Holdings Is Falling
Redemption and conversion terms include conditions beginning in 2027 and 2028, respectively. Proceeds will be used to repurchase existing 2026 convertible notes, acquire bitcoin and support corporate purposes, including debt repayment and strategic expansion.MARA Holdings Inc (NASDAQ:MARA) shares are trading lower by 5.6% to $19.90 Monday morning after the company announced a $700 million convertible note offering to boost its Bitcoin holdings and repurchase debt.
MARA控股股份有限公司（NASDAQ：MARA）股價週一早盤下跌5.6%，至19.90美元，因該公司宣佈發行7千萬美元可轉換票據，以增加比特幣持有量和回購債務。
What To Know: MARA Holdings announced a private offering of $700 million in convertible senior notes due 2030, with an option for initial purchasers to buy an additional $105 million.
了解詳情：MARA控股宣佈將於2030年到期的7千萬美元可轉換優先票據私下發行，初步購買者有權購買額外的10500萬美元。
The company says the notes will bear semi-annual interest starting March 1, 2025, and mature on March 1, 2030, unless earlier converted, redeemed or repurchased.
該公司表示，這些票據將從2025年3月1日開始計息，2025年3月1日到期，並在2027年和2028年開始分別進行贖回和轉換。所得款項將用於回購現有的2026年可轉換票據，購買比特幣並支持企業用途，包括債務償還和戰略擴張。
Redemption and conversion terms include conditions beginning in 2027 and 2028, respectively. Proceeds will be used to repurchase existing 2026 convertible notes, acquire bitcoin and support corporate purposes, including debt repayment and strategic expansion.
贖回和轉換條件包括從2027年和2028年開始的條件。所得款項將用於回購現有的2026年可轉換票據，購買比特幣並支持企業用途，包括債務償還和戰略擴張。
MARA meanwhile says the repurchase of 2026 notes may lead to market activity, as hedged holders could buy MARA stock or adjust derivative positions, potentially impacting MARA's stock price and the conversion price of the new notes. The final terms, including the interest rate and conversion rate, will be set at pricing.
與此同時，MARA表示回購2026年票據可能導致市場活動，因爲已對沖持有者可能會購買MARA股票或調整衍生品頭寸，潛在影響MARA的股價和新票據的轉換價格。最終條款，包括利率和轉股率，將在定價時確定。
Read Also: Nvidia's Blackwell Chips Are Extra Toasty, Server Overheating Issues Impact Meta, Microsoft And Elon Musk's xAI
閱讀更多：英偉達的Blackwell芯片超級熱辣，服務器過熱問題影響了Meta、微軟和埃隆·馬斯克的xAI
How To Buy MARA Stock
如何購買MARA股票
By now you're likely curious about how to participate in the market for MARA Holdings – be it to purchase shares, or even attempt to bet against the company.
現在您可能對如何參與MARA控股公司的市場感到好奇，無論是購買股票，甚至是嘗試對該公司進行押注。
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy 'fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
購買股票通常是通過證券帳戶進行的。您可以在這裏找到可能的交易平台列表。許多交易平台將允許您購買「碎股」，這樣可以購買部分股票而非整張股票。例如，有些股票，如伯克希爾-哈撒韋公司或亞馬遜公司，可能需要數千美元才能持有一股。但是，如果您只想投資其中一小部分，券商將允許您這樣做。
In the the case of MARA Holdings, which is trading at $21.07 as of publishing time, $100 would buy you 4.75 shares of stock.
在MARA控股的情況下，在發佈時交易價爲$21.07，$100可以買到4.75股股票。
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to 'go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
如果您想押注股票下跌，流程就更爲複雜了。您需要訪問期權交易平台，或者找一家券商讓您通過借出股票進行「開空」操作（借股出售）。您可以在該資源中了解到賣空股票的過程。否則，如果您的券商允許您交易期權，您可以在當前股票交易價以上的執行價上購買看跌期權或者賣出看漲期權 - 無論哪種情況都可以讓您從股票價格下跌中獲利。
According to data from Benzinga Pro, MARA has a 52-week high of $34.09 and a 52-week low of $9.21.
根據Benzinga Pro的數據，MARA的52周最高價爲$34.09，最低價爲$9.21。
譯文內容由第三人軟體翻譯。
