Net proceeds from convertible notes offering
Company: Marathon Digital
The claim, verbatim
Net proceeds from sale of notes are approximately $835.1 million after deducting underwriters' discounts and commissions but before offering expenses
Source (primary)
Marathon Digital 8-K filed 2024-12-04 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The net proceeds from the sale of the notes were approximately $835.1 million after deducting the Initial Purchasers' discounts and commissions but before estimated offering expenses payable by the Company.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states net proceeds of about $835.1 million after the initial purchasers' discounts and commissions but before estimated offering expenses. The claim's term 'underwriters' refers to the same parties the filing calls 'Initial Purchasers'.
Confirmed in the source:
- Net proceeds from the note sale were approximately $835.1 million
- This figure is after deducting the initial purchasers' discounts and commissions
- This figure is before estimated offering expenses
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315224048704/form8-k.htm) in full (12,554 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2024-12-04
Quote: “The net proceeds from the sale of the notes were approximately $835.1 million after deducting the Initial Purchasers' discounts and commissions but before estimated offering expenses payable by the Company.”