MARA Stock Pops on $1.1 Billion Bitcoin Sale as BTC Miner Buys Back Convertible Debt [Yahoo! Finance]
Bitfarms Ltd. (BITF)
Company Research
Source: Yahoo! Finance
roughly 15,000 BTC for $1.1 billion to repurchase a portion of its convertible debt, describing the move as a way to improve its overall financial footing. The sale, which represents 28% of MARA's Bitcoin holdings, leaves the Miami-based firm with around 38,700 Bitcoin left in its corporate coffers. With Bitcoin changing hands around $69,000 on Thursday, that sum was worth $2.6 billion, according to CoinGecko MARA has entered into agreements with certain holders of its convertible notes allowing the company to repurchase debt at a 9% discount to par value, according to a press release . That translates to approximately $88 million in value saved before transaction costs. With Bitcoin mining margins pressured by the asset's latest fall from all-time highs, investors appeared to welcome MARA's move. On Thursday, the company's stock price popped more than 9% to $9, according to Yahoo Finance . Shares were 44% lower over the past six months. In a statement, MARA Chair and CEO Fred
Show less
Read more
Impact Snapshot
Event Time:
BITF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BITF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BITF alerts
High impacting Bitfarms Ltd. news events
Weekly update
A roundup of the hottest topics
BITF
News
- Bitfarms (BITF) Shareholders Approve U.S. Redomiciliation and Rebrand to Keel Infrastructure [Yahoo! Finance]Yahoo! Finance
- Analysts Estimate Bitfarms Ltd. (BITF) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance Canada]Yahoo! Finance Canada
- Bitfarms Ltd. (BITF) Declines More Than Market: Some Information for Investors [Yahoo! Finance Canada]Yahoo! Finance Canada
- Should You Buy Bitfarms Before March 31? [Yahoo! Finance]Yahoo! Finance
- Is Bitfarms Ltd. (BITF) A Good Stock To Buy Now? [Yahoo! Finance]Yahoo! Finance
BITF
Sec Filings
- 3/20/26 - Form 6-K
- 3/17/26 - Form 6-K
- 3/16/26 - Form 6-K
- BITF's page on the SEC website