LTV ratio requirement for collateral
Company: Marathon Digital
The claim, verbatim
At origination, company must maintain a loan-to-value ratio of 65% or less on pledged bitcoin and/or USD collateral
Source (primary)
Marathon Digital 8-K filed 2021-10-07 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “At origination, the Company must ensure the Collateral Account balance has sufficient bitcoin (and/or US$) to cause a Loan to Value (the "LTV") ratio of 65% (or less)”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states that at origination the Collateral Account must have sufficient bitcoin and/or USD to cause an LTV ratio of 65% or less.
Confirmed in the source:
- At origination the Company must maintain a loan-to-value ratio of 65% or less
- The collateral consists of pledged bitcoin and/or USD
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315221024971/form8-k.htm) in full (7,300 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2021-10-07
Quote: “At origination, the Company must ensure the Collateral Account balance has sufficient bitcoin (and/or US$) to cause a Loan to Value (the "LTV") ratio of 65% (or less)”