---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-048222"
form_type: "8-K"
ticker: "MARA"
cik: "0001507605"
company_name: "MARA Holdings, Inc."
filed_at: "2024-12-02T23:59:59+00:00"
generated_at: "2026-05-29T11:17:08.549345+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MARA acquires 6,484 BTC for $618M; proposes $700M zero-coupon convertible note offering

## Summary
- Acquired 6,484 bitcoin for $618.3M ($95,352 avg) during Oct 1–Nov 30, 2024.
- Proposes $700M 0.00% convertible senior notes due 2031; underwriters option for $105M more.
- Net proceeds: up to $50M to repurchase existing 2026 convertible notes; balance for bitcoin and corporate.
- Notes are unsecured, zero-coupon, convertible into cash/stock at MARA's election; redeemable after June 2029.

## SEC filing metadata
- accession: 0001493152-24-048222
- form_type: 8-K
- ticker: MARA
- cik: 0001507605
- company_name: MARA Holdings, Inc.
- filed_at: 2024-12-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507605/000149315224048222/0001493152-24-048222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507605/000149315224048222/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-048222
- JSON: https://secwatch.observer/filing/0001493152-24-048222.json
- Plain text: https://secwatch.observer/filing/0001493152-24-048222.txt

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