~$48M of proceeds to repurchase ~$51M of 2026 convertible notes
Company: Marathon Digital
The claim, verbatim
MARA expects to use about $48 million of net proceeds to repurchase about $51 million principal amount of its existing 2026 convertible notes in privately negotiated transactions.
Source (primary)
marathon-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-24)Live source ↗
Quote: “MARA expects to use approximately $48 million of the net proceeds from the sale of the notes to repurchase approximately $51 million in aggregate principal amount of its existing convertible notes due 2026”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms marathon-digital 8-K exhibit (ex99-1.htm)
Quote: “MARA expects to use approximately $48 million of the net proceeds from the sale of the notes to repurchase approximately $51 million in aggregate principal amount of its existing convertible notes due 2026”