Bitcoin acquisition from convertible notes proceeds
Company: Marathon Digital
The claim, verbatim
Remainder of net proceeds to be used to acquire additional bitcoin and for general corporate purposes including working capital, strategic acquisitions, expansion of existing assets, and repayment of debt
Source (primary)
Marathon Digital 8-K filed 2024-12-03 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “with the remainder of the net proceeds to be used to acquire additional bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding obligations.”
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: “with the remainder of the net proceeds to be used to acquire additional bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding obligations.”