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Abu Dhabi ADGM entity mining operations commencement

Company: Marathon Digital - Project: Abu Dhabi

Subject kind
facility timeline
Statement date
2023-03-15
Promised by
2023-07-01
Current status
verified

What the later record shows

Delivered on time · happened September 30, 2023

Mining was promised for the second half of 2023. The ADGM Entity began mining in September 2023, during Q3 2023.

“in the amount of $1.3 million, which began mining operations during the third quarter of 2023”
2024-05-08 · Marathon Digital 10-Q filed 2024-05-09 View cached copy (2026-08-31)Live source ↗
“The ADGM Entity commenced mining operations in September 2023.”
2025-05-07 · Marathon Digital 10-Q filed 2025-05-08 View cached copy (2026-08-31)Live source ↗

Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

ADGM entity expected to commence bitcoin mining operations in second half of 2023

Source (primary)

Marathon Digital 10-K filed 2023-03-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “which is expected to commence bitcoin mining operations in the second half of 2023”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The filing states the ADGM entity is expected to commence bitcoin mining operations in the second half of 2023.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223007879/form10-k.htm) in full (445,884 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 10-K filed 2023-03-16

Quote: “which is expected to commence bitcoin mining operations in the second half of 2023”

View cached copy (2026-09-13)Live source ↗

confirms Marathon Digital 10-Q filed 2024-05-09

Quote: “in the amount of $1.3 million, which began mining operations during the third quarter of 2023”

View cached copy (2026-08-31)Live source ↗

confirms Marathon Digital 10-Q filed 2025-05-08

Quote: “The ADGM Entity commenced mining operations in September 2023.”

View cached copy (2026-08-31)Live source ↗

Record of changes

September 13, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 14, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.