Bitmain S-19 Pro Contract - October 2020
Company: Marathon Digital
What the later record shows
Delivered on time · happened March 31, 2021
The Company had received all 10,000 units by June 30, 2021. The 2021 10-K says the final 3,000 were delivered in March 2021.
“As of June 30, 2021, the Company has paid the entire purchase price under this agreement and has received 10,000 units from Bitmain.”
2021-08-12 · Marathon Digital 10-Q filed 2021-08-13 View cached copy (2026-09-13)Live source ↗
“4,500 units delivered in February and the final 3,000 units delivered in March 2021.”
2022-03-09 · Marathon Digital 10-K filed 2022-03-10 View cached copy (2026-09-13)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Company contracted to purchase 10,000 Antminer S-19 Pro miners for delivery Jan-Mar 2021 for $21,581,594 (discounted 8.63%)
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On October 23, 2020, the Company executed a contract with Bitmain to purchase an additional 10,000 next generation Antminer S-19 Pro ASIC Miners...Bitmain applied a discount of 8.63% to the purchase price adjusting the amount due to $21,581,594.00.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K states the October 23, 2020 contract for 10,000 S-19 Pro miners, its January–March 2021 delivery schedule, and the 8.63% discount to $21,581,594.
Confirmed in the source:
- On October 23, 2020, the Company contracted with Bitmain to buy 10,000 Antminer S-19 Pro miners
- Delivery was scheduled for January through March 2021 (2,500 in January, 4,500 in February, 3,000 in March)
- Bitmain applied an 8.63% discount, reducing the amount due from $23,620,000 to $21,581,594
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 October 23, 2020, the Company executed a contract with Bitmain to purchase an additional 10,000 next generation Antminer S-19 Pro ASIC Miners...Bitmain applied a discount of 8.63% to the purchase price adjusting the amount due to $21,581,594.00.”
confirms Marathon Digital 10-Q filed 2021-08-13
Quote: “As of June 30, 2021, the Company has paid the entire purchase price under this agreement and has received 10,000 units from Bitmain.”