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Convertible senior notes offering priced

Company: Marathon Digital

Subject kind
financing
Statement date
2024-11-18
Promised by
2024-11-20
Promised amount
850.0 USD
Current status
verified

What the later record shows

Delivered; the record does not say when

Later filings list $1.0 billion of 0% convertible notes due 2030 issued in November 2024. Only the month is given, so closing on November 20 versus later in the month cannot be confirmed.

“$ 1.0 billion aggregate principal amount of 0.0 % Convertible Senior Notes due 2030 (the “March 2030 Notes”)”
2025-03-02 · Marathon Digital 10-K filed 2025-03-03 View cached copy (2026-08-31)Live source ↗
“Issuance Date November 2021 August 2024 November 2024 December 2024 Maturity Date December 1, 2026 September 1, 2031 March 1, 2030 June 1, 2031”
2025-05-07 · Marathon Digital 10-Q filed 2025-05-08 View cached copy (2026-08-31)Live source ↗

Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Company priced an upsized private offering of $850 million aggregate principal amount of convertible senior notes due 2030, expected to close November 20, 2024

Source (primary)

Marathon Digital 8-K filed 2024-11-19 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “issued a press release announcing that it has priced an upsized private offering of $850 million aggregate principal amount of its convertible senior notes due 2030... The offering is expected to close on November 20, 2024”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

MARA's November 2024 8-K states that the company priced an upsized private offering of $850 million of convertible senior notes due 2030. The filing also says the offering was expected to close on November 20, 2024.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315224046663/form8-k.htm) in full (7,586 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 8-K filed 2024-11-19

Quote: “issued a press release announcing that it has priced an upsized private offering of $850 million aggregate principal amount of its convertible senior notes due 2030... The offering is expected to close on November 20, 2024”

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

confirms Marathon Digital 10-K filed 2025-03-03

Quote: “$ 1.0 billion aggregate principal amount of 0.0 % Convertible Senior Notes due 2030 (the “March 2030 Notes”)”

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

confirms Marathon Digital 10-Q filed 2025-05-08

Quote: “Issuance Date November 2021 August 2024 November 2024 December 2024 Maturity Date December 1, 2026 September 1, 2031 March 1, 2030 June 1, 2031”

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

Record of changes

September 3, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 4, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.