---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-031450"
form_type: "8-K"
ticker: "MARA"
cik: "0001507605"
company_name: "MARA Holdings, Inc."
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:41:08.394068+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- $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.

## SEC filing metadata
- accession: 0001493152-24-031450
- form_type: 8-K
- ticker: MARA
- cik: 0001507605
- company_name: MARA Holdings, Inc.
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507605/000149315224031450/0001493152-24-031450-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507605/000149315224031450/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-031450
- JSON: https://secwatch.observer/filing/0001493152-24-031450.json
- Plain text: https://secwatch.observer/filing/0001493152-24-031450.txt

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