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
Checked on September 19, 2026. The cited source supports every part of this claim.
The document confirms the facilities with Coinbase and Two Prime, $600M incremental at 7.56%, maturing in two years.
Confirmed in the source:
- MARA entered into two Bitcoin-backed credit facilities with Coinbase and Two Prime
- The facilities provide $600 million in incremental borrowings
- The weighted average cost of debt is 7.56%
- The incremental $600 million matures in two years
What we did: Read our cached copy of the publisher (https://www.theglobeandmail.com/investing/markets/stocks/COIN/pressreleases/3842251/mara-mara-q2-2026-earnings-call-transcript/) in full (53,141 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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”