比特币矿企MARA抵押18,750枚BTC获得7.5亿美元贷款，用于扩张AI与能源基础设施

Theo Odaily Planet Daily News, bitcoin mining company MARA Holdings disclosed in its latest quarterly SEC filing that it has pledged 18,750 BTC as collateral for two bitcoin-backed loans, with a total principal of $750 million.

Among them, financing provided by Coinbase Credit includes refinancing of the original $150 million credit facility and an additional $300 million in new funds; Two Prime Lending provided another $300 million loan. Both loans have been fully drawn, with a combined financing cost of approximately 7.56%, primarily maturing in August 2028.

The pledged 18,750 BTC were worth approximately $1.2 billion at the time of transaction completion. If the bitcoin price declines and causes the collateral ratio to fall below the agreed level, MARA may face margin call requirements, otherwise the related BTC could be subject to liquidation risk.

The new funds will mainly be used for general corporate purposes and to support MARA's acquisition of Long Ridge Energy & Power. The transaction has an enterprise value of approximately $1.5 billion. Long Ridge owns a natural gas power plant with an expected installed capacity of 505 MW in Ohio, USA, as well as more than 1,600 acres of industrial land. MARA plans to further develop the site into a base for bitcoin mining, AI, and high-performance computing infrastructure. (Crowdfund Insider)