MARA Announces Access to $200M Line of Credit
15 Outubro 2024 - 6:24PM
MARA (NASDAQ: MARA)
("MARA" or the "Company"), a global leader in leveraging
digital asset compute to support the energy transformation, today
announced that it has secured a $200 million line of credit,
collateralized by a portion of its bitcoin holdings. MARA may use
the funds to capitalize on strategic opportunities and for other
general corporate purposes.
Investor Notice
Investing in our securities involves a high
degree of risk. Before making an investment decision, you should
carefully consider the risks, uncertainties and forward-looking
statements described under the heading "Risk Factors" in our most
recent annual report on Form 10-K and any other periodic reports
that we may file with the U.S. Securities and Exchange Commission
(the "SEC"). If any of these risks were to occur, our business,
financial condition or results of operations would likely suffer.
In that event, the value of our securities could decline, and you
could lose part or all of your investment. The risks and
uncertainties we describe are not the only ones facing us.
Additional risks not presently known to us or that we currently
deem immaterial may also impair our business operations. In
addition, our past financial performance may not be a reliable
indicator of future performance, and historical trends should not
be used to anticipate results in the future. See "Forward-Looking
Statements" below.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the federal securities laws. All
statements, other than statements of historical fact, included in
this press release are forward-looking statements. The words "may,"
"will," "could," "anticipate," "expect," "intend," "believe,"
"continue," "target" and similar expressions or variations or
negatives of these words are intended to identify forward-looking
statements, although not all forward-looking statements contain
these identifying words. Such forward-looking statements include,
among other things, statements related to our anticipated use of
proceeds. Such forward-looking statements are based on management's
current expectations about future events as of the date hereof and
involve many risks and uncertainties that could cause our actual
results to differ materially from those expressed or implied in our
forward-looking statements. Subsequent events and developments,
including actual results or changes in our assumptions, may cause
our views to change. We do not undertake to update our
forward-looking statements except to the extent required by
applicable law. Readers are cautioned not to place undue reliance
on such forward-looking statements. All forward-looking statements
included herein are expressly qualified in their entirety by these
cautionary statements. Our actual results and outcomes could differ
materially from those included in these forward-looking statements
as a result of various factors, including, but not limited to, the
factors set forth under the heading "Risk Factors" in our most
recent annual report on Form 10-K, and any other periodic reports
that we may file with the SEC.
About MARA
MARA (NASDAQ:MARA) is a global leader in digital
asset compute that develops and deploys innovative technologies to
build a more sustainable and inclusive future. MARA secures the
world's preeminent blockchain ledger and supports the energy
transformation by converting clean, stranded, or otherwise
underutilized energy into economic value.
For more information, visit www.mara.com, or follow us on:
Twitter: @MarathonDHLinkedIn: www.linkedin.com/company/marathon-digital-holdingsFacebook: www.facebook.com/MarathonDigitalHoldings/Instagram: @marathondigitalholdings
MARA Company Contact:
Telephone: 800-804-1690Email: ir@mara.com
MARA Media Contact:
Email: marathon@wachsman.com
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