secwatch.observer — SEC 8-K summary
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Issuer:     MARA Holdings, Inc. (MARA)
CIK:        0001507605
Form:       8-K
Filed at:   2026-03-26T23:59:59+00:00
Accession:  0000950142-26-000873
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

MARA repurchases ~$1B of convertible notes using $1.1B bitcoin sale proceeds
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507605/000095014226000873/0000950142-26-000873-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507605/000095014226000873/eh260755847_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-26-000873

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer