Use of proceeds - repurchase of existing convertible notes
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 2024-12-03 (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”
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 2024-12-03
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”