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Convertible Notes Conversion Price

Company: Marathon Digital

Subject kind
financing
Statement date
2025-07-27
Promised amount
20.2585 USD
Current status
stated

The claim, verbatim

Notes convertible at conversion price of approximately $20.2585 per share of common stock

Source (primary)

Marathon Digital 8-K filed 2025-07-28 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The notes are convertible into shares of the Company's common stock at an initial conversion rate of 49.3619 shares per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $20.2585 per share of common stock).”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000095014225002027/eh250659491_8k.htm) in full (14,781 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 8-K filed 2025-07-28

Quote: “The notes are convertible into shares of the Company's common stock at an initial conversion rate of 49.3619 shares per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $20.2585 per share of common stock).”

View cached copy (2026-08-31)Live source ↗