Repurchase of 2026 convertible notes
Company: Marathon Digital
The claim, verbatim
Company expects to use up to $50 million of net proceeds from the convertible notes offering to repurchase a portion of its existing convertible notes due 2026
Source (primary)
Marathon Digital 8-K filed 2024-12-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “MARA expects to use up to $50 million of the net proceeds from the sale of the notes to repurchase a portion of its existing convertible notes due 2026”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing says MARA expects to use up to $50 million of the net proceeds to repurchase part of its existing 2026 convertible notes.
Confirmed in the source:
- MARA expects to use up to $50 million of the net proceeds from the convertible notes offering
- That portion is intended to repurchase a portion of its existing convertible notes due 2026
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: “MARA expects to use up to $50 million of the net proceeds from the sale of the notes to repurchase a portion of its existing convertible notes due 2026”