Bitmain S-19 ASIC Large Contract - December 2020
Company: Marathon Digital
What the later record shows
Outcome not yet confirmed
Later filings only repeat the delivery schedule for the 70,000 S-19 miners. Nothing confirms receipt or a delay.
“24,500 units to be delivered by December 31, 2021 and 15,200 units to be delivered by January 31, 2022.”
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 70,000 Antminer S-19 miners for delivery Aug 2021-Jan 2022 for $167,763,451
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On December 23, 2020, the Company executed a contract with Bitmain to purchase an additional 70,000 next generation Antminer S-19 ASIC Miners...15,200 units to be delivered by January 31, 2022. The purchase price is $167,763,451.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K's business section and Note 3 give the 70,000-unit contract, the August 2021–January 2022 delivery schedule, and the $167,763,451 price. Note 1 of the same filing describes a different schedule (7,000 in July 2021 and 63,000 in December 2021).
Confirmed in the source:
- On December 23, 2020, the Company contracted with Bitmain to buy 70,000 Antminer S-19 miners
- Delivery was scheduled from August 2021 through January 31, 2022
- The purchase price was $167,763,451
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 December 23, 2020, the Company executed a contract with Bitmain to purchase an additional 70,000 next generation Antminer S-19 ASIC Miners...15,200 units to be delivered by January 31, 2022. The purchase price is $167,763,451.”
