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$100M revolving credit facility with Silvergate Bank

Company: Marathon Digital

Subject kind
financing
Statement date
2022-03-09
Promised amount
100.0 USD
Current status
stated

The claim, verbatim

Entered into Revolving Credit and Security Agreement with Silvergate Bank for up to $100 million on revolving basis with 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 (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

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

The document confirms the agreement, the $100 million revolving amount, and the one-year initial term.

Confirmed in the source:

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 (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”

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