Convertible Notes Issuance
Company: Marathon Digital
The claim, verbatim
Issued $650 million in 1.00% Convertible Senior Notes due 2026; option for additional $97.5 million was exercised
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On November 18, 2021, Marathon Digital Holdings, Inc. (the " Company ") issued $650,000,000 principal amount of its 1.00% Convertible Senior Notes due 2026...this option was exercised and an additional $97,500,000 principal amount of Notes was issued on November 23, 2021”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The 10-K states verbatim that $650 million of 1.00% Convertible Senior Notes due 2026 were issued and that the $97.5 million option was exercised.
Confirmed in the source:
- Marathon issued $650 million principal amount of 1.00% Convertible Senior Notes due 2026 on November 18, 2021
- The option for an additional $97.5 million principal amount of Notes was exercised, issued November 23, 2021
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315222006446/form10-k.htm) in full (385,382 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 10-K filed 2022-03-10
Quote: “On November 18, 2021, Marathon Digital Holdings, Inc. (the " Company ") issued $650,000,000 principal amount of its 1.00% Convertible Senior Notes due 2026...this option was exercised and an additional $97,500,000 principal amount of Notes was issued on November 23, 2021”