Repurchase of 1.00% convertible notes due 2026
Company: Marathon Digital
The claim, verbatim
The company expects to use approximately $18.3 million of net proceeds to repurchase approximately $19.4 million in aggregate principal amount of 1.00% convertible senior notes due 2026
Source (primary)
Marathon Digital 8-K filed 2025-07-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company expects to use approximately $18.3 million of the net proceeds from the sale of the notes to repurchase approximately $19.4 million in aggregate principal amount of its 1.00% convertible senior notes due 2026”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states that about $18.3 million of net proceeds is expected to repurchase about $19.4 million principal amount of the 1.00% convertible notes due 2026.
Confirmed in the source:
- The company expects to use approximately $18.3 million of net proceeds for a repurchase
- The repurchase covers approximately $19.4 million in aggregate principal amount
- The notes being repurchased are 1.00% convertible senior notes due 2026
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: “The Company expects to use approximately $18.3 million of the net proceeds from the sale of the notes to repurchase approximately $19.4 million in aggregate principal amount of its 1.00% convertible senior notes due 2026”