Q2 2025 ATM equity raise of $319.3M
Company: Marathon Digital
The claim, verbatim
MARA raised $319.3 million from at-the-market equity sales during Q2 2025, used mainly for miners, operating costs and infrastructure acquisition.
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: “During Q2 2025 , we raised $319.3 million from at-the- market ("ATM") equity sales”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The capital sources section states the ATM amount and its primary uses.
Confirmed in the source:
- MARA raised $319.3 million from at-the-market equity sales during Q2 2025
- The proceeds were primarily used for miner purchases, operating costs and acquisition of infrastructure (along with general corporate purposes)
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: “During Q2 2025 , we raised $319.3 million from at-the- market ("ATM") equity sales”