Initial conversion price of 2031 notes
Company: Marathon Digital
The claim, verbatim
The notes' initial conversion rate is 52.9451 shares per $1,000 principal, equivalent to an initial conversion price of approximately $18.89 per share, subject to adjustment.
Source (primary)
marathon-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-30)Live source ↗
Quote: “The conversion rate for the notes is initially 52.9451 shares of MARA's common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $18.89 per share.”
How we checked this
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Additional evidence
confirms marathon-digital 8-K exhibit (ex99-1.htm)
Quote: “The conversion rate for the notes is initially 52.9451 shares of MARA's common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $18.89 per share.”