At-the-Market Offering Q1 2024
Company: Marathon Digital
The claim, verbatim
Issued 24,663,351 common stock shares through At-the-Market offering, raising net proceeds of $489.3 million
Source (primary)
Marathon Digital 10-Q filed 2024-05-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Issuance of common stock, net of offering costs/At-the-Market offering 24,663,351”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The equity statement and cash flow statement show 24,663,351 shares issued in the quarter ended March 31, 2024, for $489.3 million net of offering costs.
Confirmed in the source:
- Marathon issued 24,663,351 shares of common stock through its at-the-market offering in Q1 2024
- Net proceeds from the issuance were $489.3 million after offering costs
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000162828024022243/mara-20240331.htm) in full (181,234 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 10-Q filed 2024-05-09
Quote: “Issuance of common stock, net of offering costs/At-the-Market offering 24,663,351”