jain.com

Q1 2025 ATM proceeds $100.1M

Company: Marathon Digital

Subject kind
financing
Statement date
2025-05-08
Promised amount
100100000.0 USD
Current status
stated

The claim, verbatim

MARA raised $100.1 million from ATM equity sales in Q1 2025, used mainly for miners, operating costs and infrastructure.

Source (primary)

marathon-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗

Quote: “During Q1 2025, we raised $100.1 million from at-the-market ("ATM") equity sales”

How we checked this

Checked on October 16, 2026. The cited source supports every part of this claim.

The letter states the $100.1 million in Q1 2025 ATM proceeds were primarily used for miner purchases, operating costs, infrastructure acquisition and other general corporate purposes.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000164117225009348/ex99-1.htm) in full (34,318 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms marathon-digital 8-K exhibit (ex99-1.htm)

Quote: “During Q1 2025, we raised $100.1 million from at-the-market ("ATM") equity sales”

View cached copy (2026-10-15)Live source ↗