March BTC sale to repurchase convertible notes
Company: Marathon Digital
The claim, verbatim
In March, MARA sold 15,133 BTC for about $1.1 billion and used the proceeds mainly to buy back more than $1 billion of convertible debt at a discount, reducing debt and potential future dilution.
Source (primary)
MARA Transfers $81M in Bitcoin to Galaxy Digital as Crypto Liquidation Hits $1B - Coinpedia Fintech News (-, news_article)
View cached copy (2026-10-12)Live source ↗Archive.org ↗
Quote: “In March, MARA sold 15,133 BTC for about $1.1 billion. 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 15, 2026. The cited source supports every part of this claim.
The article states the March sale of 15,133 BTC for about $1.1 billion funded a discounted buyback of over $1 billion in convertible debt, reducing debt and potential future share dilution.
Confirmed in the source:
- MARA sold 15,133 BTC in March
- The sale raised about $1.1 billion
- MARA used the proceeds mainly to buy back more than $1 billion of convertible debt at a discount
- The buyback reduced MARA's debt
- The buyback reduced potential future share dilution
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/) in full (7,594 characters, retrieved October 12, 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: “In March, MARA sold 15,133 BTC for about $1.1 billion. The company used the proceeds mainly to buy back more than $1 billion in convertible debt at a discount”