Revolving Credit Facility
Company: Marathon Digital
What the later record shows
Not a promise: a reported event · happened October 1, 2021
The claim reports a facility already entered into on October 1, 2021, so it is not a commitment. Later filings say it was refinanced and replaced in July 2022, and the replacement RLOC was terminated on March 8, 2023.
“This facility refinanced and replaced an existing $ 100 million facility the Company had in place with the Bank.”
2022-11-13 · Marathon Digital 10-Q filed 2022-11-14 View cached copy (2026-09-13)Live source ↗
“On March 8, 2023, the Company prepaid the term loan and terminated the RLOC facility with Silvergate Bank.”
2023-08-07 · Marathon Digital 10-Q filed 2023-08-08 View cached copy (2026-09-13)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
Entered into $100 million revolving credit and security agreement with Silvergate Bank, available for periodic draws over one-year initial term
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On October 1, 2021, Marathon Digital Holdings, Inc. (the "Company") entered into a Revolving Credit and Security Agreement...Silvergate has agreed to loan the Company up to $100,000,000 on a revolving basis”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K describes the Silvergate revolving credit facility with these exact terms: up to $100 million, periodic draws, and a one-year initial term.
Confirmed in the source:
- On October 1, 2021, Marathon entered into a Revolving Credit and Security Agreement with Silvergate Bank
- Silvergate agreed to lend Marathon up to $100,000,000 on a revolving basis
- The credit line was available for periodic draws
- The credit line had an initial term of one year
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315222006446/form10-k.htm) in full (385,382 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 10-K filed 2022-03-10
Quote: “On October 1, 2021, Marathon Digital Holdings, Inc. (the "Company") entered into a Revolving Credit and Security Agreement...Silvergate has agreed to loan the Company up to $100,000,000 on a revolving basis”