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NYDIG bitcoin securities loan

Company: Marathon Digital

Subject kind
partnership
Statement date
2022-03-09
Promised amount
3.0 percent
Current status
stated

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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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.”

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