08:58 AM EDT, 03/26/2026 (MT Newswires) -- MARA (MARA) said Thursday it has signed repurchase agreements with certain holders of its outstanding 0% convertible senior notes due 2030 and 2031.

The company intends to buy back about $367.5 million worth of the 2030 notes for about $322.9 million, and about $633.4 million worth of the 2031 notes for about $589.9 million.

The repurchase of the 2030 notes and the 2031 notes are expected to close March 30 and March 31, respectively. The repurchases are expected to bring in about $88.1 million in value through cash savings before transaction costs.

The company said the transactions are expected to reduce its outstanding convertible debt by approximately 30%.

Meanwhile, the bitcoin mining and digital infrastructure company said it sold 15,133 Bitcoin for about $1.1 billion between March 4 and March 25.

Proceeds from the sales are expected to be used to fund the notes repurchases, as well as for general corporate purposes.

Shares of MARA rose more than 5% in recent premarket activity Thursday.

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