Silvergate Bank revolving credit facility
Company: Marathon Digital
The claim, verbatim
October 1, 2021 Revolving Credit and Security Agreement with Silvergate Bank for up to $100 million with initial term of 1 year, 0.25% origination fee, 0.25% annual unused commitment fee, bitcoin/USD collateral, 65% maximum loan-to-value ratio, minimum debt-to-equity ratio, and $25 million minimum liquidity requirement.
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Silvergate has agreed to loan the Company up to $100,000,000 on a revolving basis pursuant to the terms of the Agreement”
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: “Silvergate has agreed to loan the Company up to $100,000,000 on a revolving basis pursuant to the terms of the Agreement”