Revolving credit facility with Silvergate Bank
Company: Marathon Digital
What the later record shows
Not a promise: a reported event · happened October 1, 2021
The facility was entered into on October 1, 2021, before the claim was made. It was later refinanced on July 28, 2022 and terminated on March 8, 2023.
“This facility refinanced and replaced an existing $ 100 ,000 thousand facility the Company had in place with the Bank.”
2023-03-15 · Marathon Digital 10-K filed 2023-03-16 View cached copy (2026-09-13)Live source ↗
“On October 1, 2021, the Company entered into a Revolving Credit and Security Agreement with Silvergate Bank pursuant to which Silvergate agreed to loan the Company up to $ 100.0 million on a revolving basis.”
2024-05-23 · Marathon Digital 10-K/A filed 2024-05-24 View cached copy (2026-08-31)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
Marathon Digital established a revolving credit facility with Silvergate Bank for up to $100,000,000 with an initial one-year term
Source (primary)
Marathon Digital 8-K filed 2021-10-07 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Silvergate has agreed to loan the Company up to $100,000,000 on a revolving basis”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states that on October 1, 2021 Marathon entered a revolving credit agreement with Silvergate Bank for up to $100,000,000, with an initial term of one year.
Confirmed in the source:
- Marathon Digital Holdings entered into a revolving credit facility with Silvergate Bank (Revolving Credit and Security Agreement dated October 1, 2021)
- Silvergate Bank agreed to loan Marathon up to $100,000,000 on a revolving basis
- The facility has an initial term of one year
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315221024971/form8-k.htm) in full (7,300 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2021-10-07
Quote: “Silvergate has agreed to loan the Company up to $100,000,000 on a revolving basis”