Planned Bitcoin Acquisition
Company: Marathon Digital
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
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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.”