Other DebtActive
mara-btc-loc-2026
MARA-LOC3
$14.38▲ 2.20%
BTC Holdings
35,303 BTC
Total Debt
$2.45B
Leverage
73.3%
mNAV
2.11x
Outstanding
$150.00M
Issue date
2026-01-29
Principal
$150.00M
Coupon
7.00%
Maturity
2027-01-31
Conversion price
—
Terms & Documentation
Terms
- BTC strategy
- No
- Facility type
- Term loan
- Rate type
- Fixed
- Collateral
- Portion of MARA's bitcoin holdings
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2026-03-31 | — | $150.00M |
| 2026-01-29 | Draw | $150.00M |
- 2026-03-31 — $150,000,000Note 13 - Debt
- 2026-01-29 — $150,000,000Note 13 - Debt