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Minimum adjusted net worth covenant

Company: Marathon Digital

Subject kind
financing
Statement date
2022-08-02
Promised amount
350000000.0 USD
Current status
stated

The claim, verbatim

Marathon Digital must maintain a minimum adjusted net worth of $350,000,000

Source (primary)

Marathon Digital 8-K filed 2022-08-03 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “The Company must maintain a minimum adjusted net worth of $350,000,000.”

How we checked this

Checked on September 22, 2026. The cited source supports every part of this claim.

The document's covenants for both facilities require the Company to maintain a minimum adjusted net worth of $350,000,000.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315222021180/form8-k.htm) in full (10,260 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

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

Quote: “The Company must maintain a minimum adjusted net worth of $350,000,000.”

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