Initial conversion price $20.2585
Company: Marathon Digital
The claim, verbatim
The notes have an initial conversion rate of 49.3619 shares per $1,000 principal, equivalent to an initial conversion price of approximately $20.2585 per share.
Source (primary)
marathon-digital 8-K exhibit (eh250659491_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-09)Live source ↗
Quote: “The conversion rate for the notes is initially 49.3619 shares of MARA’s common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $20.2585 per share.”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The document states both the initial conversion rate and the equivalent conversion price.
Confirmed in the source:
- The initial conversion rate is 49.3619 shares per $1,000 principal amount
- This equals an initial conversion price of approximately $20.2585 per share
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000095014225002027/eh250659491_ex9901.htm) in full (12,175 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (eh250659491_ex9901.htm)
Quote: “The conversion rate for the notes is initially 49.3619 shares of MARA’s common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $20.2585 per share.”