Bitmain S-19 Pro miners purchase (Oct 2020 contract)
Company: Marathon Digital
What the later record shows
Delivered on time · happened March 31, 2021
The Q2 2021 10-Q confirms all 10,000 units were received by June 30, 2021. The 2021 10-K describes the final 3,000 units as 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 executed contract to purchase additional 10,000 next generation Antminer S-19 Pro ASIC Miners for $21,581,594 with delivery schedule: 2,500 units January 2021, 4,500 units February 2021, 3,000 units March 2021
Source (primary)
Marathon Digital 10-Q/A filed 2021-05-12 (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. The 2021 delivery schedule will be 2,500 Units in January, 4,500 Units in February and the final 3,000 Units in March 2021... Bitmain applied a discount of 8.63% to the purchase price adjusting the amount due to $21,581,594.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states the unit count, the discounted amount due of $21,581,594 and the January-March 2021 delivery schedule exactly as claimed.
Confirmed in the source:
- On October 23, 2020, Marathon executed a contract with Bitmain to buy an additional 10,000 next generation Antminer S-19 Pro ASIC Miners
- After an 8.63% discount, the amount due was adjusted to $21,581,594 (from a gross price of $23,620,000)
- The 2021 delivery schedule was 2,500 units in January, 4,500 units in February and 3,000 units in March 2021
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315221011136/form10-qa.htm) in full (105,800 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 10-Q/A filed 2021-05-12
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. The 2021 delivery schedule will be 2,500 Units in January, 4,500 Units in February and the final 3,000 Units in March 2021... Bitmain applied a discount of 8.63% to the purchase price adjusting the amount due to $21,581,594.”
confirms Marathon Digital 10-K filed 2022-03-10
Quote: “4,500 units delivered in February and the final 3,000 units delivered in March 2021.”
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.”