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Planned Bitcoin Acquisition

Company: Marathon Digital

Subject kind
acquisition
Statement date
2025-07-27
Current status
stated

The claim, verbatim

Company expects to use remainder of net proceeds to acquire additional bitcoin

Source (primary)

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

Quote: “The Company expects to use the remainder of the net proceeds to acquire additional bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding obligations.”

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 Company expects to use the remainder of the net proceeds to acquire additional bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding obligations.”

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