NYDIG bitcoin lending agreement
Company: Marathon Digital
The claim, verbatim
August 27, 2021 Master Securities Loan Agreement with NYDIG Funding LLC to loan bitcoin at 3% per annum with daily accrual and monthly payment, Company right to recall bitcoin at any time, NYDIG providing collateral equal to 100% of loaned bitcoin value. As of August 27, 2021 company loaned 300 BTC.
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “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... 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.
All terms of the NYDIG bitcoin lending agreement and the 300 BTC loaned are stated in the document.
Confirmed in the source:
- August 27, 2021 Master Securities Loan Agreement with NYDIG Funding LLC
- 3% per annum interest, accruing daily and payable monthly
- Company may recall its bitcoin at any time
- NYDIG provides collateral equal to 100% of the loaned bitcoin's market value
- Company loaned 300 BTC to NYDIG as of August 27, 2021
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: “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... As of August 27, 2021, the Company loaned 300 BTC to NYDIG.”