DMG Blockchain Licensing Agreement
Company: Marathon Digital
The claim, verbatim
Company licensed DMG's Blockseer pool technology for exclusive use in U.S., with $500,000 in restricted stock and monthly sliding-scale license fees
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On March 25, 2021, Marathon Digital Holdings, Inc. (the "Company") entered into a licensing agreement with DMG Blockchain Solutions, Inc. to license DMG's proprietary Blockseer pool technology for use in its new Marathon OFAC Pool...the Company will be granted an exclusive and irrevocable license to use the technology in the U.S., and DMG will receive: $500,000 in restricted common stock”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document details the exclusive U.S. license, the $500,000 restricted stock, and the sliding-scale monthly license fee.
Confirmed in the source:
- Marathon licensed DMG's Blockseer pool technology for its Marathon OFAC Pool with an exclusive, irrevocable license to use it in the U.S.
- DMG was to receive $500,000 in restricted common stock plus a monthly license fee on a sliding scale based on the pool's block rewards and transaction fees
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 March 25, 2021, Marathon Digital Holdings, Inc. (the "Company") entered into a licensing agreement with DMG Blockchain Solutions, Inc. to license DMG's proprietary Blockseer pool technology for use in its new Marathon OFAC Pool...the Company will be granted an exclusive and irrevocable license to use the technology in the U.S., and DMG will receive: $500,000 in restricted common stock”