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Convertible notes offering - principal amount

Company: Marathon Digital

Subject kind
financing
Statement date
2024-12-02
Promised by
2024-12-04
Promised amount
850.0 USD
Current status
verified

What the later record shows

Delivered; the record does not say when

Later filings list $925.0 million of 0% convertible notes due 2031 issued in December 2024. The exact closing date is not given.

“$ 925.0 million aggregate principal amount of 0.0 % Convertible Senior Notes due 2031 (the “June 2031 Notes”)”
2025-03-02 · Marathon Digital 10-K filed 2025-03-03 View cached copy (2026-08-31)Live source ↗
“Issuance Date November 2021 August 2024 November 2024 December 2024 Maturity Date December 1, 2026 September 1, 2031 March 1, 2030 June 1, 2031”
2025-05-07 · Marathon Digital 10-Q filed 2025-05-08 View cached copy (2026-08-31)Live source ↗

Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Company priced an upsized private offering of $850 million aggregate principal amount of 0.00% convertible senior notes due 2031

Source (primary)

Marathon Digital 8-K filed 2024-12-03 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “On December 2, 2024, MARA Holdings, Inc. (the "Company") issued a press release announcing that it has priced an upsized private offering of $850 million aggregate principal amount of its 0.00% convertible senior notes due 2031.”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The 8-K states that MARA Holdings priced an upsized private offering of $850 million aggregate principal amount of 0.00% convertible senior notes due 2031, matching every element of the claim.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315224048393/form8-k.htm) in full (6,771 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 8-K filed 2024-12-03

Quote: “On December 2, 2024, MARA Holdings, Inc. (the "Company") issued a press release announcing that it has priced an upsized private offering of $850 million aggregate principal amount of its 0.00% convertible senior notes due 2031.”

View cached copy (2026-08-31)Live source ↗

confirms Marathon Digital 10-K filed 2025-03-03

Quote: “$ 925.0 million aggregate principal amount of 0.0 % Convertible Senior Notes due 2031 (the “June 2031 Notes”)”

View cached copy (2026-08-31)Live source ↗

confirms Marathon Digital 10-Q filed 2025-05-08

Quote: “Issuance Date November 2021 August 2024 November 2024 December 2024 Maturity Date December 1, 2026 September 1, 2031 March 1, 2030 June 1, 2031”

View cached copy (2026-08-31)Live source ↗

Record of changes

September 3, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 4, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.