NYDIG bitcoin securities loan
Company: Marathon Digital
The claim, verbatim
Entered into Master Securities Loan Agreement with NYDIG Funding to loan bitcoin at 3% annual interest with daily accrual and monthly payment, requiring 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 ("NYDIG"). Pursuant to the Agreement, the Company will loan its bitcoin ("BTC") to NYDIG with an interest rate of three percent (3%) per annum.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The August 27, 2021 NYDIG loan terms—3% interest, daily accrual, monthly payment, 100% collateral, and first priority lien—are stated verbatim.
Confirmed in the source:
- Marathon entered a Master Securities Loan Agreement with NYDIG Funding to loan bitcoin
- interest rate of 3% per annum, accruing daily and payable monthly
- NYDIG must transfer collateral worth at least 100% of the loaned BTC and Marathon receives 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 ("NYDIG"). Pursuant to the Agreement, the Company will loan its bitcoin ("BTC") to NYDIG with an interest rate of three percent (3%) per annum.”