Initial conversion rate
Company: Marathon Digital
The claim, verbatim
The notes' initial conversion rate is 49.3619 shares of MARA common stock per $1,000 principal amount, subject to adjustment.
Source (primary)
marathon-digital 8-K exhibit (eh250658656_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-09)Live source ↗
Quote: “The conversion rate for the notes will initially be 49.3619 shares of MARA common stock per $1,000 principal amount of notes.”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The release sets the initial conversion rate at 49.3619 shares per $1,000 of principal, subject to adjustment upon certain events.
Confirmed in the source:
- The initial conversion rate is 49.3619 shares of MARA common stock per $1,000 principal amount
- The conversion rate is subject to adjustment
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000095014225001993/eh250658656_ex9901.htm) in full (12,563 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (eh250658656_ex9901.htm)
Quote: “The conversion rate for the notes will initially be 49.3619 shares of MARA common stock per $1,000 principal amount of notes.”