Convertible debt buyback
Company: Marathon Digital
The claim, verbatim
MARA used the BTC sale proceeds mainly to buy back more than $1 billion in convertible debt at a discount.
Source (primary)
MARA Transfers $81M in Bitcoin to Galaxy Digital as Crypto Liquidation Hits $1B - Coinpedia Fintech News (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
Quote: “The company used the proceeds mainly to buy back more than $1 billion in convertible debt at a discount”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article says MARA used the proceeds of its March Bitcoin sale mainly to buy back more than $1 billion in convertible debt at a discount.
Confirmed in the source:
- MARA used the proceeds of its BTC sale mainly to buy back convertible debt
- The buyback covered more than $1 billion in convertible debt
- The convertible debt was bought back at a discount
What we did: Read our cached copy of the publisher (https://coinpedia.org/news/mara-transfers-81m-in-bitcoin-to-galaxy-digital-as-crypto-liquidation-hits-1b/amp/) in full (4,820 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA Transfers $81M in Bitcoin to Galaxy Digital as Crypto Liquidation Hits $1B - Coinpedia Fintech News
Quote: “The company used the proceeds mainly to buy back more than $1 billion in convertible debt at a discount”