Marathon Digital prices $250M 2.125% convertible notes due 2031; greenshoe upsized to $50M

MARA Holdings, Inc.

$250M aggregate principal of 2.125% convertible senior notes due 2031 priced.
Initial conversion price ~$18.89/share (52.9451 shares per $1,000 principal).
Net proceeds est. $243.8M ($292.5M if greenshoe fully exercised); close Aug 14.
Proceeds to acquire bitcoin and for general corporate purposes.
Option to purchase additional notes upsized to $50M from $37.5M.

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