Convertible notes - option for additional notes
Company: Marathon Digital
The claim, verbatim
Initial purchasers granted option to purchase up to an additional $150 million aggregate principal amount of notes within 13-day period
Source (primary)
Marathon Digital 8-K filed 2024-12-03 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company also granted to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $150 million aggregate principal amount of the notes.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing describes the $150 million option to purchase additional notes and its 13-day exercise window.
Confirmed in the source:
- The Company granted the initial purchasers an option to buy additional notes
- The option covers up to an additional $150 million aggregate principal amount
- The option can be exercised within a 13-day period beginning on the date the notes are first issued
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: “The Company also granted to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $150 million aggregate principal amount of the notes.”