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Offering expected close

Company: Marathon Digital

Subject kind
financing
Statement date
2024-12-02
Promised by
2024-12-04
Promised amount
850000000.0 USD
Current status
verified

What the later record shows

Delivered; the record does not say when

Later filings show $925.0 million of 0.0% Convertible Senior Notes due 2031 (the June 2031 Notes) issued in December 2024. That is consistent with the $850M offering, upsized. No passage names the exact closing date, so whether it closed on December 4, 2024 cannot be confirmed.

“$ 925.0 million aggregate principal amount of 0.0 % Convertible Senior Notes due 2031 (the “June 2031 Notes”)”
2025-03-02 · Marathon Digital 10-K filed 2025-03-03 View cached copy (2026-08-31)Live source ↗
“Issuance Date November 2021 August 2024 November 2024 December 2024 Maturity Date December 1, 2026 September 1, 2031 March 1, 2030 June 1, 2031”
2025-05-07 · Marathon Digital 10-Q filed 2025-05-08 View cached copy (2026-08-31)Live source ↗

Checked October 24, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

The convertible notes offering is expected to close on December 4, 2024, subject to customary closing conditions.

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: “The offering is expected to close on December 4, 2024, subject to satisfaction of customary closing conditions.”

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: “The offering is expected to close on December 4, 2024, subject to satisfaction of customary closing conditions.”

View cached copy (2026-10-24)Live source ↗

confirms Marathon Digital 10-K filed 2025-03-03

Quote: “$ 925.0 million aggregate principal amount of 0.0 % Convertible Senior Notes due 2031 (the “June 2031 Notes”)”

View cached copy (2026-08-31)Live source ↗

confirms Marathon Digital 10-Q filed 2025-05-08

Quote: “Issuance Date November 2021 August 2024 November 2024 December 2024 Maturity Date December 1, 2026 September 1, 2031 March 1, 2030 June 1, 2031”

View cached copy (2026-08-31)Live source ↗

Record of changes

October 24, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 24, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.