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Revolving credit facility with Silvergate Bank

Company: Marathon Digital

Subject kind
financing
Statement date
2022-08-02
Promised amount
100000000.0 USD
Current status
stated

The claim, verbatim

Marathon Digital entered into a Revolving Credit and Security Agreement with Silvergate Bank for up to $100,000,000 on a revolving basis

Source (primary)

Marathon Digital 8-K filed 2022-08-03 (SEC EDGAR, sec_filing)
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Quote: “Marathon Digital Holdings, Inc. (the "Company") entered into a Revolving Credit and Security Agreement (the "Agreement") with Silvergate Bank (the "Bank") pursuant to which Silvergate has agreed to loan the Company up to $100,000,000 on a revolving basis”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Marathon Digital 8-K filed 2022-08-03

Quote: “Marathon Digital Holdings, Inc. (the "Company") entered into a Revolving Credit and Security Agreement (the "Agreement") with Silvergate Bank (the "Bank") pursuant to which Silvergate has agreed to loan the Company up to $100,000,000 on a revolving basis”

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