Convertible notes offering used to buy BTC
Company: Marathon Digital
The claim, verbatim
MARA used the net proceeds of $300 million of 2.125% convertible senior notes due 2031 to purchase 4,144 BTC, approximately $249 million.
Source (primary)
marathon-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗
Quote: “used the net proceeds of the issuance of $300 million of 2.125% convertible senior notes due 2031 to purchase an additional 4,144 BTC, or approximately $249 million”
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: “used the net proceeds of the issuance of $300 million of 2.125% convertible senior notes due 2031 to purchase an additional 4,144 BTC, or approximately $249 million”