Convertible senior notes offering
Company: Marathon Digital
The claim, verbatim
Company intends to offer $700 million aggregate principal amount of 0.00% convertible senior notes due 2031, with initial purchasers having an option to purchase up to an additional $105 million
Source (primary)
Marathon Digital 8-K filed 2024-12-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company issued a press release announcing its intention to offer, subject to market conditions and other factors, $700 million aggregate principal amount of 0.00% convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and to grant 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 $105 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 8-K states that MARA announced its intention to offer $700 million of 0.00% convertible senior notes due 2031. It also states that the initial purchasers would get an option to buy up to an additional $105 million of the notes.
Confirmed in the source:
- MARA Holdings announced its intention to offer $700 million aggregate principal amount of convertible senior notes
- The notes carry a 0.00% interest rate
- The notes are due 2031
- Initial purchasers are to be granted an option to purchase up to an additional $105 million aggregate principal amount of the notes
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315224048222/form8-k.htm) in full (6,904 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2024-12-02
Quote: “the Company issued a press release announcing its intention to offer, subject to market conditions and other factors, $700 million aggregate principal amount of 0.00% convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act, and to grant 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 $105 million aggregate principal amount of the notes”