According to Globenewswire, Marathon Holdings initiated a bondholder consent solicitation on May 9 for Long Ridge Energy’s $600 million senior secured notes due 2032. The move follows MARA’s April 29 agreement to acquire Long Ridge’s parent company, which would trigger a change-of-control provision in the notes. MARA seeks to exclude the transaction from the change-of-control definition and designate itself and affiliates as permitted holders.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Cerebras IPO subscription oversubscribed by 20 times; the price range may be raised to $135 per share
According to a May 9 report by Bloomberg, the subscription orders for AI chipmaker Cerebras Systems’ initial public offering (IPO) have exceeded the number of shares being issued by 20 times; citing sources familiar with the matter, Bloomberg said the company plans to move the price range from the originally expected $115 to $125 per share up to $125 to $135 as early as May 11. IPO Pricing and Offering Details According to Cerebras’ prospectus released on May 4, 2026 and Bloomberg’s report, this
MarketWhisper34m ago
Bitcoin Spot ETFs See $146 Million Net Outflows Yesterday, Fidelity's FBTC Leads Decline at $97.6 Million
According to SoSoValue, Bitcoin spot ETFs saw net outflows of $146 million on May 8, with Fidelity's FBTC leading the decline at $97.6 million. Morgan Stanley's MSBT was the only major Bitcoin spot ETF with inflows yesterday, recording $5.74 million.
GateNews44m ago
TeraWulf HPC Revenue Surpasses Bitcoin Mining in Q1 2026
TeraWulf reported Q1 2026 total revenue of $34 million, with its high-performance computing business overtaking bitcoin mining for the first time, according to the company's earnings report. HPC lease revenue reached $21 million, surpassing digital asset revenue of just under $13 million as the comp
CryptoFrontier57m ago
Bitcoin Surges to $65,000, Up 2.7% Intraday; Ethereum Hits $1,900, Up 3%
Bitcoin surged to $65,000 today, gaining over 2.7% intraday, while Ethereum climbed to $1,900 with gains exceeding 3%. Crypto-related stocks also rallied in after-hours trading, with Microstrategy (MSTR) up
GateNews1h ago
Morgan Stanley Plans Bitcoin Custody and Trading for Clients, Managing $9 Trillion in Assets
According to Decrypt, Morgan Stanley's new digital assets chief Amy Oldenburg said on Wednesday the bank plans to offer bitcoin custody and trading services to its clients. When asked whether the bank would also provide bitcoin-based yield and lending services, Oldenburg expressed strong support.
GateNews1h ago
ABTC Directors Increase Holdings by 1.63M Shares; Trump-Backed Miner Holds 6,500 BTC
According to SEC filings, directors of Trump-backed Bitcoin miner American Bitcoin (ABTC) increased holdings by approximately 1.63 million shares over the past two days following quarterly earnings disclosure. Justin Mateen purchased roughly 1.3 million shares at approximately $1 per share, while
GateNews1h ago
