Convertible notes offering expected to close
Company: Marathon Digital
What the later record shows
Delivered; the record does not say when
Later filings list $1.0 billion of 0.0% Convertible Senior Notes due 2030 with an issuance date of November 2024. That matches this offering, apparently upsized from $850 million, but no passage gives the exact closing day to compare with November 20.
“$ 1.0 billion aggregate principal amount of 0.0 % Convertible Senior Notes due 2030 (the “March 2030 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 25, 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 November 20, 2024, subject to customary closing conditions.
Source (primary)
marathon-digital 8-K exhibit (ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗
Quote: “The offering is expected to close on November 20, 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 (ex99-2.htm)
Quote: “The offering is expected to close on November 20, 2024, subject to satisfaction of customary closing conditions.”
confirms Marathon Digital 10-K filed 2025-03-03
Quote: “$ 1.0 billion aggregate principal amount of 0.0 % Convertible Senior Notes due 2030 (the “March 2030 Notes”)”
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”