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Remaining proceeds to buy bitcoin and general corporate purposes

Company: Marathon Digital

Subject kind
financing
Statement date
2024-12-03
Current status
stated

The claim, verbatim

MARA plans to use the remainder of the net proceeds to acquire additional bitcoin and for general corporate purposes, including possible acquisitions, asset expansion and debt repayment.

Source (primary)

marathon-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “with the remainder of the net proceeds to be used to acquire additional bitcoin and for general corporate purposes”

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: “with the remainder of the net proceeds to be used to acquire additional bitcoin and for general corporate purposes”

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