Several companies have announced significant convertible note offerings. Marathon Digital Holdings proposed a private offering of 0% convertible notes worth $700 million, with an additional $105 million option, to acquire bitcoin and repurchase up to $50 million of its 2026 convertible notes. Core Scientific announced a proposed offering of convertible senior notes, with a reported $500 million value. Bitcoin Well plans to sell up to $2 million in convertible debenture units, with $500,000 insider participation, led by Haywood Securities Inc. BILL Holdings announced a $1 billion offering of convertible senior notes due 2030, with an option for an additional $150 million, while its shares fell 8% following the announcement. Indie Semiconductor also announced a proposed offering of convertible senior notes.