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Use remaining proceeds to buy more bitcoin

Company: Marathon Digital

Subject kind
acquisition
Statement date
2024-08-13
Current status
stated

The claim, verbatim

MARA intends to use the remaining net proceeds from the notes to acquire additional bitcoin and for general corporate purposes, potentially including working capital, strategic 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: “MARA intends to use the remaining net proceeds from the sale of the notes 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: “MARA intends to use the remaining net proceeds from the sale of the notes to acquire additional bitcoin and for general corporate purposes”

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