Hut 8 had projected $15 million in annual service fees from Ionic
MARA, Core upsize convertible notes offerings with zero interest rate
MARA mined 907 BTC in November, the highest since January
MARA’s November output could surpass 850 BTC
A majority of the funds flow to miner manufacturers
Registration deadline is set at Feb. 1, 2025
MARA's share price has almost doubled from local lows in early September
Bitdeer raised $150 million via convertible notes in August at 8.5% coupon rate
Coinmint to free up 66% of operating capacity at Massena site
Plan mirrors MicroStrategy's playbook of using convertible notes to purchase Bitcoin
MARA was holding 27,562 BTC as of October 31
Miners slash hashcost while hashprice is back at 5-month highs