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Total convertible debt reduction

Company: Marathon Digital

Subject kind
financing
Statement date
2026-09-12
Promised amount
2300.0 million USD
Current status
stated

The claim, verbatim

Total convertible debt reduced by approximately 30%, outstanding convertible notes drop from $3.3 billion to $2.3 billion

Source (primary)

MARA Sells 15,133 BTC for $1.1B To Reduce Convertible Debt - CoinMarketCap (-, news_article)
View cached copy (2026-09-13)Live source ↗

Quote: “The transactions cut MARA's total convertible debt by about 30%. Outstanding convertible notes will drop from approximately $3.3 billion to $2.3 billion.”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document states the transactions cut total convertible debt by about 30%, from roughly $3.3 billion to $2.3 billion.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://coinmarketcap.com/academy/article/mara-sells-15133-btc-for-dollar11b-to-reduce-convertible-debt) in full (5,387 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA Sells 15,133 BTC for $1.1B To Reduce Convertible Debt - CoinMarketCap

Quote: “The transactions cut MARA's total convertible debt by about 30%. Outstanding convertible notes will drop from approximately $3.3 billion to $2.3 billion.”

View cached copy (2026-09-13)Live source ↗