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Silvergate Bank loan facilities terminated

Company: Marathon Digital

Subject kind
financing
Statement date
2023-03-07
Current status
stated

The claim, verbatim

Marathon Digital terminated its loan facilities with Silvergate Bank, including the Term Credit and Security Agreement and Revolving Credit and Security Agreement dated July 28, 2022

Source (primary)

Marathon Digital 8-K filed 2023-03-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “On March 8, 2023, Marathon Digital Holdings, Inc. (the "Borrower") terminated its loan with Silvergate Bank (the "Lender") under that certain Term Credit and Security Agreement (the "Term Facility"), and Revolving Credit and Security Agreement (the "RLOC Facility"), by and between Lender and Borrower, both dated as of July 28, 2022”

How we checked this

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

The document states Marathon terminated its loan with Silvergate under both the Term Facility and RLOC Facility, both dated July 28, 2022.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223007015/form8-k.htm) in full (4,720 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 8-K filed 2023-03-08

Quote: “On March 8, 2023, Marathon Digital Holdings, Inc. (the "Borrower") terminated its loan with Silvergate Bank (the "Lender") under that certain Term Credit and Security Agreement (the "Term Facility"), and Revolving Credit and Security Agreement (the "RLOC Facility"), by and between Lender and Borrower, both dated as of July 28, 2022”

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