Convertible notes greenshoe option
Company: Marathon Digital
The claim, verbatim
Initial purchasers granted option to purchase additional $150 million aggregate principal amount of convertible senior notes within 13-day period from issuance
Source (primary)
Marathon Digital 8-K filed 2025-07-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $150 million aggregate principal amount of the notes”
How we checked this
Checked on September 17, 2026. The cited source supports part of this claim, but not all of it.
The filing gives the $150 million amount and the 13-day window for the option. However, it presents the option as something the company intends to grant as part of a planned offering, not as one already granted.
Confirmed in the source:
- The option would allow initial purchasers to buy up to an additional $150 million aggregate principal amount of the notes
- The option period is 13 days, beginning on and including the date the notes are first issued
We could not confirm this from the cited source:
- That the option had actually been granted to the initial purchasers; the filing describes only an announced intention to grant it
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000095014225001988/eh250657076_8k.htm) in full (7,803 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2025-07-23
Quote: “grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $150 million aggregate principal amount of the notes”