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Abu Dhabi mining facility capital contribution

Company: Marathon Digital - Project: Abu Dhabi

Subject kind
financing
Statement date
2023-03-15
Promised amount
406000000.0 USD
Current status
stated

The claim, verbatim

The Company will contribute approximately 20% of $406 million in aggregate capital during the 2023 development period for the Abu Dhabi mining entity, consisting of both cash and in-kind contributions.

Source (primary)

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

Quote: “capital contributions will be made, subject to the satisfaction or waiver of certain conditions, during the 2023 development period in those proportions, consisting of both cash and in kind, in amounts of approximately $406,000 thousand in aggregate”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document states contributions of ~$406 million aggregate during the 2023 development period in the 80/20 proportions, in cash and in kind.

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: “capital contributions will be made, subject to the satisfaction or waiver of certain conditions, during the 2023 development period in those proportions, consisting of both cash and in kind, in amounts of approximately $406,000 thousand in aggregate”

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