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Abu Dhabi mining facility operational timeline

Company: Marathon Digital - Project: Abu Dhabi

Subject kind
facility timeline
Statement date
2023-03-15
Promised by
2023-12-31
Promised amount
250.0 MW
Current status
verified

What the later record shows

Delivered on time · happened September 30, 2023

The 2023 10-K says the joint venture launched in 2023 and operates two sites totalling 250 MW, and mining began in September 2023. No passage gives the exact date the full 250 MW came online, so confidence is medium.

“In 2023, we launched a joint venture in Abu Dhabi, United Arab Emirates, which operates two sites with a total capacity of 250 megawatts, of which we own 20%.”
2024-02-27 · Marathon Digital 10-K filed 2024-02-28 View cached copy (2026-08-31)Live source ↗
“The ADGM Entity commenced mining operations in September 2023.”
2025-03-02 · Marathon Digital 10-K filed 2025-03-03 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

Abu Dhabi Global Markets entity mining facility comprising 250 megawatts expected to commence 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: “The facility is expected to be operational 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 10-K describes the 250 MW Abu Dhabi project and states the facility is expected to be operational, commencing bitcoin mining, 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: “The facility is expected to be operational in the second half of 2023.”

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

confirms Marathon Digital 10-K filed 2024-02-28

Quote: “In 2023, we launched a joint venture in Abu Dhabi, United Arab Emirates, which operates two sites with a total capacity of 250 megawatts, of which we own 20%.”

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

confirms Marathon Digital 10-K filed 2025-03-03

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.