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DMG Blockchain Licensing Agreement

Company: Marathon Digital

Subject kind
partnership
Statement date
2022-03-09
Promised amount
500000.0 USD
Current status
stated

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

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 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”

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