DMG Blockseer Pool Technology License
Company: Marathon Digital
The claim, verbatim
Exclusive license agreement with DMG Blockchain Solutions for Blockseer pool technology use in U.S.; compensation includes $500,000 in restricted stock and monthly sliding-scale fees based on pool rewards
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On March 25, 2021, Marathon Digital Holdings, Inc. (the "Company") entered into a licensing agreement with DMG Blockchain Solutions, Inc. to license DMG's proprietary Blockseer pool technology for use in its new Marathon OFAC Pool...the Company will be granted an exclusive and irrevocable license to use the technology in the U.S., and DMG will receive: $500,000 in restricted common stock”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document establishes the exclusive U.S. license, the $500,000 restricted stock, and the sliding-scale monthly fee.
Confirmed in the source:
- Marathon entered a licensing agreement with DMG Blockchain Solutions for its Blockseer pool technology
- The license is exclusive and irrevocable for use in the U.S.
- DMG receives $500,000 in restricted common stock
- DMG receives a monthly license fee on a sliding scale based on the pool's block rewards and transaction fees
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 March 25, 2021, Marathon Digital Holdings, Inc. (the "Company") entered into a licensing agreement with DMG Blockchain Solutions, Inc. to license DMG's proprietary Blockseer pool technology for use in its new Marathon OFAC Pool...the Company will be granted an exclusive and irrevocable license to use the technology in the U.S., and DMG will receive: $500,000 in restricted common stock”