NYDIG Master Securities Loan Agreement
Company: Marathon Digital
The claim, verbatim
Master Securities Loan Agreement with NYDIG Funding LLC to loan bitcoin at 3% annual interest, with daily accrual and monthly payment; company maintains 100% collateral and first priority lien
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On August 27, 2021, Marathon Digital Holdings, Inc. (the "Company") entered into a Master Securities Loan Agreement (the "Agreement") with NYDIG Funding, LLC...the Company will loan its bitcoin ("BTC") to NYDIG with an interest rate of three percent (3%) per annum...As of August 27, 2021, the Company loaned 300 BTC to NYDIG”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document establishes the 3% rate, daily-accrual/monthly payment, and the 100% collateral with first priority lien.
Confirmed in the source:
- Marathon entered a Master Securities Loan Agreement with NYDIG Funding, LLC to loan bitcoin at 3% per annum
- Interest accrues daily and is payable monthly
- NYDIG must transfer collateral with market value at least equal to 100% of the loaned BTC, with Marathon granted a first priority lien
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 August 27, 2021, Marathon Digital Holdings, Inc. (the "Company") entered into a Master Securities Loan Agreement (the "Agreement") with NYDIG Funding, LLC...the Company will loan its bitcoin ("BTC") to NYDIG with an interest rate of three percent (3%) per annum...As of August 27, 2021, the Company loaned 300 BTC to NYDIG”