{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-048704","form_type":"8-K","ticker":"MARA","cik":"0001507605","company_name":"MARA Holdings, Inc.","filed_at":"2024-12-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.633167+00:00","generated_at":"2026-05-29T08:35:01.830486+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MARA closes $850M zero-coupon convertible notes due 2031; proceeds to buy bitcoin and repurchase $51M of 2026 notes","bullets":["Aggregate principal $850M; initial purchasers have option for additional $150M within 13 days.","Net proceeds ~$835.1M; ~$48M used to repurchase ~$51M of existing 2026 convertible notes.","Remainder to acquire additional bitcoin and for general corporate purposes including working capital and acquisitions.","Notes convertible at initial rate of 28.9159 shares per $1,000 principal (~$34.58/share), a 40% premium over reference price of $24.70.","Notes bear zero regular interest; mature June 1, 2031; redeemable after June 5, 2029 if stock exceeds 130% of conversion price."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-048704","json":"https://secwatch.observer/filing/0001493152-24-048704.json","markdown":"https://secwatch.observer/filing/0001493152-24-048704.md","text":"https://secwatch.observer/filing/0001493152-24-048704.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1507605/000149315224048704/0001493152-24-048704-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1507605/000149315224048704/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T08:35:01.830486+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}