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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

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315224047078/form8-k.htm) in full (12,689 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

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 ↗