$950M 0.00% convertible notes due 2032 closed
Company: Marathon Digital
The claim, verbatim
On July 25, 2025, MARA closed an upsized $950.0 million offering of 0.00% Convertible Senior Notes due 2032 with a 7-year term.
Source (primary)
marathon-digital 8-K exhibit (q225shareholderletter.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-09)Live source ↗
Quote: “On July 25, 2025, we closed an upsized $950.0 million of 0.00% Convertible Senior Notes due 2032”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The capital sources section gives the closing date, size, coupon, maturity and 7-year term.
Confirmed in the source:
- On July 25, 2025, MARA closed an upsized $950.0 million of 0.00% Convertible Senior Notes due 2032
- The notes carry a 7-year term
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000150760525000016/q225shareholderletter.htm) in full (41,389 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (q225shareholderletter.htm)
Quote: “On July 25, 2025, we closed an upsized $950.0 million of 0.00% Convertible Senior Notes due 2032”