Proceeds to acquire additional bitcoin
Company: Marathon Digital
The claim, verbatim
Remaining net proceeds are to be used to acquire additional bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, asset expansion, and debt repayment.
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: “to acquire additional bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding obligations”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The release lists acquiring additional bitcoin and general corporate purposes, including working capital, acquisitions, asset expansion and debt repayment, among the uses of the remaining net proceeds.
Confirmed in the source:
- Remaining net proceeds are to be used to acquire additional bitcoin
- Remaining net proceeds are also for general corporate purposes
- General corporate purposes may include working capital, strategic acquisitions, expansion of existing assets, and repayment of debt
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: “to acquire additional bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding obligations”