Bitmain S-19j Pro miners purchase (Dec 2020 contract)
Company: Marathon Digital
What the later record shows
Delivered late
The Q3 2021 10-Q reports the 10,000 S-19j Pro units were received after September 30, 2021, which is past the promised September 2021 delivery. The 10-K's past-tense schedule wording conflicts, so confidence is medium.
“Subsequent to September 30, 2021, the Company has received 10,000 units from Bitmain.”
2021-11-14 · Marathon Digital 10-Q filed 2021-11-15 View cached copy (2026-09-13)Live source ↗
“As of September 30, 2021, the Company has paid the entire purchase price under this agreement.”
2021-11-14 · Marathon Digital 10-Q filed 2021-11-15 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 10,000 next generation Antminer S-19j Pro ASIC Miners for $21,718,649 with delivery schedule: 6,000 units August 2021, 4,000 units September 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 December 8, 2020, the Company executed a contract with Bitmain to purchase an additional 10,000 next generation Antminer S-19j Pro ASIC Miners, with 6,000 units to be delivered in August 2021, and the remaining 4,000 units to be delivered in September 2021... Bitmain applied a discount of 8.63% to the purchase price adjusting the amount due to $21,718,649.”
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 $21,718,649 and the August/September 2021 delivery split exactly as claimed.
Confirmed in the source:
- On December 8, 2020, Marathon executed a contract with Bitmain to buy 10,000 next generation Antminer S-19j Pro ASIC Miners
- After an 8.63% discount, the amount due was adjusted to $21,718,649 (from a gross price of $23,770,000)
- Delivery was scheduled as 6,000 units in August 2021 and the remaining 4,000 units in September 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 December 8, 2020, the Company executed a contract with Bitmain to purchase an additional 10,000 next generation Antminer S-19j Pro ASIC Miners, with 6,000 units to be delivered in August 2021, and the remaining 4,000 units to be delivered in September 2021... Bitmain applied a discount of 8.63% to the purchase price adjusting the amount due to $21,718,649.”
confirms Marathon Digital 10-Q filed 2021-11-15
Quote: “Subsequent to September 30, 2021, the Company has received 10,000 units from Bitmain.”