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Notes terms: maturity, interest, conversion price

Company: Marathon Digital

Subject kind
financing
Statement date
2024-08-12
Promised amount
18.89 USD
Current status
stated

The claim, verbatim

The notes bear 2.125% interest payable semi-annually starting March 1, 2025, mature September 1, 2031, and have an initial conversion rate of 52.9451 shares per $1,000 (about $18.89 per share).

Source (primary)

marathon-digital 8-K exhibit (ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “The conversion rate for the notes will initially be 52.9451 shares of MARA 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

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 conversion rate for the notes will initially be 52.9451 shares of MARA common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $18.89 per share.”

View cached copy (2026-10-31)Live source ↗