---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-26-000873"
form_type: "8-K"
ticker: "MARA"
cik: "0001507605"
company_name: "MARA Holdings, Inc."
filed_at: "2026-03-26T23:59:59+00:00"
generated_at: "2026-05-15T08:49:04.922399+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MARA repurchases ~$1B of convertible notes using $1.1B bitcoin sale proceeds

## Summary
- Repurchased $367.5M of 2030 zero-coupon notes for ~$322.9M, and $633.4M of 2031 notes for ~$589.9M.
- Sold 15,133 bitcoin for ~$1.1B between March 4-25, 2026 to fund repurchases.
- After repurchases, total convertible debt reduced from ~$3.3B to ~$2.3B.
- Repurchases expected to close March 30 (2030 notes) and March 31, 2026 (2031 notes).

## SEC filing metadata
- accession: 0000950142-26-000873
- form_type: 8-K
- ticker: MARA
- cik: 0001507605
- company_name: MARA Holdings, Inc.
- filed_at: 2026-03-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507605/000095014226000873/0000950142-26-000873-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507605/000095014226000873/eh260755847_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-26-000873
- JSON: https://secwatch.observer/filing/0000950142-26-000873.json
- Plain text: https://secwatch.observer/filing/0000950142-26-000873.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.