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Plans to repurchase existing 2026 convertible notes

Company: Marathon Digital

Subject kind
financing
Statement date
2024-11-20
Promised amount
212.0 USD
Current status
stated

The claim, verbatim

Company expects to use approximately $199 million of proceeds to repurchase $212 million aggregate principal of existing convertible notes due 2026

Source (primary)

Marathon Digital 8-K filed 2024-11-21 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The Company expects to use approximately $199 million of the net proceeds from the sale of the notes to repurchase $212 million in aggregate principal amount of its existing convertible notes due 2026 in privately negotiated transactions”

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 2024-11-21

Quote: “The Company expects to use approximately $199 million of the net proceeds from the sale of the notes to repurchase $212 million in aggregate principal amount of its existing convertible notes due 2026 in privately negotiated transactions”

View cached copy (2026-08-31)Live source ↗