Binding letter of intent with Compute North for Bitcoin miner hosting
Company: Marathon Digital
What the later record shows
Not a promise: a reported event · happened May 21, 2021
Signing the binding letter of intent had already happened when the claim was made on 2021-05-26. The 10-K confirms the May 2021 LOI with Compute North for 73,000 miners.
“In May 2021, we announced that we had entered into a binding letter of intent with Compute North to host 73,000 of our Bitcoin miners”
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
Entered into binding letter of intent with Compute North, LLC to host Bitcoin miners with staged implementation between October 2021 and March 2022
Source (primary)
Marathon Digital 8-K filed 2021-05-27 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “entered into a binding letter of intent with Compute North, LLC to host 73,000 Bitcoin Miners over a staged in implementation between October 2021 and March 2022”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states that on May 21, 2021 the company entered a binding letter of intent with Compute North, LLC to host Bitcoin miners in a staged implementation from October 2021 to March 2022.
Confirmed in the source:
- Marathon Digital Holdings entered into a binding letter of intent with Compute North, LLC (dated May 21, 2021)
- The letter of intent covers hosting of Bitcoin miners
- Implementation is staged between October 2021 and March 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315221013071/form8-k.htm) in full (4,973 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2021-05-27
Quote: “entered into a binding letter of intent with Compute North, LLC to host 73,000 Bitcoin Miners over a staged in implementation between October 2021 and March 2022”