Plan to repurchase existing convertible notes due 2026
Company: Marathon Digital
The claim, verbatim
Company expects to use approximately $48 million of net proceeds to repurchase approximately $51 million in aggregate principal amount of existing convertible notes due 2026
Source (primary)
Marathon Digital 8-K filed 2024-12-04 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company expects to use approximately $48 million of the net proceeds from the sale of the notes to repurchase approximately $51 million in aggregate principal amount of its existing convertible notes due 2026 in privately negotiated transactions entered into contemporaneously with the pricing of the notes”
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 filed 2024-12-04
Quote: “The Company expects to use approximately $48 million of the net proceeds from the sale of the notes to repurchase approximately $51 million in aggregate principal amount of its existing convertible notes due 2026 in privately negotiated transactions entered into contemporaneously with the pricing of the notes”