Convertible note repurchase
Company: Marathon Digital
The claim, verbatim
MARA spent $912.8 million to repurchase about $1 billion of principal on zero-coupon convertible notes due 2030 and 2031, at about a 9% discount to par, and recognized a $70.6 million gain.
Source (primary)
MARA Moves $81.1M in Bitcoin to Galaxy Digital Amid AI Pivot - Altcoin Buzz (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
Quote: “$912.8 million bought back about $1 billion of principal on zero-coupon convertibles due 2030 and 2031, at roughly a 9% discount to par, recognising a $70.6 million gain.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article states every element of this claim: the amount spent, the principal retired, the note maturities, the discount, and the gain.
Confirmed in the source:
- MARA spent $912.8 million on the repurchase
- The repurchase covered about $1 billion of principal
- The notes were zero-coupon convertibles due 2030 and 2031
- The repurchase was at roughly a 9% discount to par
- MARA recognized a $70.6 million gain
What we did: Read our cached copy of the publisher (https://www.altcoinbuzz.io/mara-sends-81-1m-in-bitcoin-to-galaxy-as-ai-pivot-reshapes-treasury) in full (6,649 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA Moves $81.1M in Bitcoin to Galaxy Digital Amid AI Pivot - Altcoin Buzz
Quote: “$912.8 million bought back about $1 billion of principal on zero-coupon convertibles due 2030 and 2031, at roughly a 9% discount to par, recognising a $70.6 million gain.”