On October 27th, Marathon Digital, a Bitcoin mining company, submitted a FORM S-3 form to the US Securities and Exchange Commission (SEC), planning to raise up to $750 million through a mixed equity offering.
Marathon Digital stated that we may from time to time, in one or more offerings, sell common stock, preferred stock, warrants, units or combinations of these securities, at prices and on terms determined at the time of each offering, to raise up to $750 million in total initial offering amount.