Bitcoin-backed credit facilities
Company: Marathon Digital
The claim, verbatim
Company entered into Bitcoin-backed credit facilities with Coinbase and 2Prime providing 600 million USD in incremental borrowings at 7.56 percent weighted average cost with 2-year maturity
Source (primary)
MARA (MARA) Q2 2026 Earnings Call Transcript - The Globe and Mail (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “entering into 2 Bitcoin-backed credit facilities, with Coinbase and 2PIC at a weighted average cost of debt of 7.56% for incremental borrowings under these facilities of $600 million”
How we checked this
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Additional evidence
confirms MARA (MARA) Q2 2026 Earnings Call Transcript - The Globe and Mail
Quote: “entering into 2 Bitcoin-backed credit facilities, with Coinbase and 2PIC at a weighted average cost of debt of 7.56% for incremental borrowings under these facilities of $600 million”