MARA Holdings to Offer $2B in Stock for Bitcoin Buys; Saylor Predicts $500T Market Cap

On March 28, MARA Holdings announced plans to offer up to $2 billion in stock to purchase more Bitcoin, mirroring Michael Saylor's strategy. Simultaneously, Saylor predicts Bitcoin could reach a $500T market cap, potentially dominating global finance. These developments signal growing confidence in Bitcoin's long-term value. MARA Holdings, as of March 28, intends to use the proceeds from its stock offering to acquire more Bitcoin and for general corporate purposes. This strategy mirrors that of Michael Saylor's Strategy, which holds 506,137 BTC worth $42.4 billion. MARA currently holds 46,374 BTC worth $3.9 billion. MARA's stock closed down 8.58% on March 28 at $12.47, and further declined 4.6% to $11.89 in overnight trading on March 30, according to Robinhood. Saylor's bold prediction envisions Bitcoin dominating gold, bonds, and real estate, potentially reaching a $500T market cap. He points to Bitcoin's current $1.63T market cap and increasing adoption by countries and private companies as evidence of its growing importance. Saylor's MicroStrategy holds more Bitcoin than most nations, lending credibility to his bullish outlook. While MARA's stock offering and Saylor's prediction are based on publicly available information, market conditions and future performance are subject to change. Investors should conduct thorough research before making investment decisions. These events highlight the increasing institutional interest in Bitcoin and the potential for significant long-term growth, although volatility and market risks remain factors to consider.