jain.com

Estimated net proceeds ~$940.5M

Company: Marathon Digital

Subject kind
financing
Statement date
2025-07-23
Promised amount
940500000.0 USD
Current status
stated

The claim, verbatim

MARA estimates net proceeds of approximately $940.5 million, or approximately $1,138.5 million if the purchasers' option is exercised in full.

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: “MARA estimates that the net proceeds from the sale of the notes will be approximately $940.5 million (or approximately $1,138.5 million if the initial purchasers exercise in full their option to purchase additional notes)”

How we checked this

Checked on October 13, 2026. The cited source supports every part of this claim.

The release estimates net proceeds of about $940.5 million, or about $1,138.5 million if the purchasers' option is fully exercised.

Confirmed in the source:

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: “MARA estimates that the net proceeds from the sale of the notes will be approximately $940.5 million (or approximately $1,138.5 million if the initial purchasers exercise in full their option to purchase additional notes)”

View cached copy (2026-10-09)Live source ↗