Use of proceeds: acquire bitcoin and general corporate purposes
Company: Marathon Digital
The claim, verbatim
MARA intends to use the net proceeds to acquire additional bitcoin and for general corporate purposes, including working capital, strategic acquisitions, expansion of existing assets 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 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 net proceeds from the sale of the notes to acquire additional bitcoin and for general corporate purposes”