Proceeds for bitcoin purchases, capped calls and general purposes
Company: Marathon Digital
The claim, verbatim
Remaining net proceeds are to be used to pay for capped call transactions, acquire additional bitcoin, and for general corporate purposes including working capital, strategic acquisitions, asset expansion and debt repayment.
Source (primary)
marathon-digital 8-K exhibit (eh250657076_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-09)Live source ↗
Quote: “with the remainder of the net proceeds to be used to pay the cost of the capped call transactions (as described below), to acquire additional bitcoin and for general corporate purposes”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The press release lists each of these uses for the remaining net proceeds.
Confirmed in the source:
- The remaining net proceeds will pay the cost of the capped call transactions
- The remaining net proceeds will be used to acquire additional bitcoin
- The remaining net proceeds will be used 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/1507605/000095014225001988/eh250657076_ex9901.htm) in full (10,720 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (eh250657076_ex9901.htm)
Quote: “with the remainder of the net proceeds to be used to pay the cost of the capped call transactions (as described below), to acquire additional bitcoin and for general corporate purposes”