Plan to acquire additional bitcoin
Company: Marathon Digital
The claim, verbatim
Company plans to use remainder of net proceeds to acquire additional bitcoin
Source (primary)
Marathon Digital 8-K filed 2024-11-19 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “with the remainder of the net proceeds to be used to acquire additional bitcoin and for general corporate purposes”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states that the remaining net proceeds will be used to acquire additional bitcoin. It also lists general corporate purposes for the same funds.
Confirmed in the source:
- The company plans to use the remainder of the net proceeds to acquire additional bitcoin
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: “with the remainder of the net proceeds to be used to acquire additional bitcoin and for general corporate purposes”