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MARA Holdings Inc, a Bitcoin miner, is planning to sell up to $2 billion in stock to buy more Bitcoin, following a strategy similar to Michael Saylor's. The company filed a Form 8-K and prospectus with the Securities and Exchange Commission, stating that it entered into an at-the-market agreement with investment giants. MARA intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin and working capital. This move is reminiscent of Saylor's tactic, who has used various market offerings to amass a large amount of Bitcoin. MARA Holdings is the second-largest corporate Bitcoin holder, with 46,374 BTC worth around $3.9 billion. The company's CEO, Fred Thiel, previously stated that MARA would not sell any of the Bitcoin it mined and would instead purchase more to keep in reserve. The planned stock sale follows a similar offering made by MARA last year, which offered up to $1.5 billion worth of its shares. MARA's stock price has been affected by the announcement, closing down 8.58% at $12.47 on March 28 and falling another 4.6% to $11.89 in overnight trading. The company's decision to buy more Bitcoin is a significant move, especially considering the current market price of Bitcoin, which is trading just above $82,000. MARA's actions demonstrate its commitment to accumulating and holding Bitcoin, and the company's strategy will likely be closely watched by investors and industry observers.