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Up to $50M of proceeds to repurchase 2026 convertible notes

Company: Marathon Digital

Subject kind
financing
Statement date
2024-12-01
Promised amount
50000000.0 USD
Current status
stated

The claim, verbatim

MARA expects to use up to $50 million of the net proceeds to repurchase part of its existing convertible notes due 2026 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 up to $50 million of the net proceeds from the sale of the notes to repurchase a portion 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 up to $50 million of the net proceeds from the sale of the notes to repurchase a portion of its existing convertible notes due 2026”

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