$36.9 million capped call transactions
Company: Marathon Digital
The claim, verbatim
The company expects to use approximately $36.9 million of net proceeds to pay for privately negotiated capped call transactions with financial institutions
Source (primary)
Marathon Digital 8-K filed 2025-07-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “to pay the approximately $36.9 million cost of privately negotiated capped call transactions entered into with certain of the initial purchasers of the notes or their respective affiliates and certain other financial institutions”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states that net proceeds will pay the approximately $36.9 million cost of privately negotiated capped call transactions with initial purchasers or their affiliates and other financial institutions.
Confirmed in the source:
- The company expects to use net proceeds to pay the cost of capped call transactions
- The capped call cost is approximately $36.9 million
- The capped call transactions are privately negotiated
- The counterparties are certain initial purchasers or their affiliates and certain other financial institutions
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000095014225001993/eh250658656_8k.htm) in full (6,926 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2025-07-24
Quote: “to pay the approximately $36.9 million cost of privately negotiated capped call transactions entered into with certain of the initial purchasers of the notes or their respective affiliates and certain other financial institutions”