$97.5 million additional Convertible Senior Notes purchase option
Company: Marathon Digital
What the later record shows
Delivered on time · happened November 23, 2021
The initial purchasers exercised the option, and the additional $97.5 million of Notes was issued on November 23, 2021. That is inside the 13-day window.
“This option was exercised and an additional $ 97.5 million principal amount of Notes were issued on November 23, 2021.”
2022-11-13 · Marathon Digital 10-Q filed 2022-11-14 View cached copy (2026-09-13)Live source ↗
“On November 23, 2021, the initial purchasers of the Notes purchased an additional $ 97.5 million principal of Notes”
2024-07-31 · Marathon Digital 10-Q filed 2024-08-01 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The Company granted the initial purchasers an option to purchase up to an additional $97.5 million principal amount of Convertible Senior Notes within 13 days from November 18, 2021
Source (primary)
Marathon Digital 8-K filed 2021-11-18 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company also granted the initial purchasers an option, for settlement within a period of 13 days from, and including, November 18, 2021 to purchase up to an additional $97,500,000 principal amount of Notes”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states the Company granted the initial purchasers an option, for settlement within 13 days from and including November 18, 2021, to buy up to an additional $97,500,000 principal amount of Notes.
Confirmed in the source:
- The Company granted the initial purchasers an option to purchase additional Convertible Senior Notes
- The option covers up to an additional $97,500,000 (i.e., $97.5 million) principal amount of Notes
- The option is for settlement within 13 days from, and including, November 18, 2021
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315221029188/form8-k.htm) in full (14,146 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2021-11-18
Quote: “the Company also granted the initial purchasers an option, for settlement within a period of 13 days from, and including, November 18, 2021 to purchase up to an additional $97,500,000 principal amount of Notes”
confirms Marathon Digital 10-Q filed 2024-08-01
Quote: “On November 23, 2021, the initial purchasers of the Notes purchased an additional $ 97.5 million principal of Notes”
confirms Marathon Digital 10-Q filed 2022-11-14
Quote: “This option was exercised and an additional $ 97.5 million principal amount of Notes were issued on November 23, 2021.”