Bitmain S-19 Pro miner purchase - October 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 says the last 3,000 were 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
Marathon entered into a contract with Bitmain for 10,000 Antminer S-19 Pro units at $21,581,594 after discount, with deliveries of 2,500 units in January 2021, 4,500 units in February 2021, and 3,000 units in March 2021.
Source (primary)
Marathon Digital 10-Q filed 2021-05-10 (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... Subsequent to executing this agreement, due to the additional executed contracts, 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 10-Q states that the October 23, 2020 Bitmain contract was for 10,000 S-19 Pro miners, with a discounted amount due of $21,581,594 and January through March 2021 deliveries of 2,500, 4,500 and 3,000 units.
Confirmed in the source:
- On October 23, 2020, Marathon executed a contract with Bitmain
- The contract covered 10,000 Antminer S-19 Pro ASIC miners
- After an 8.63% discount, the amount due was adjusted to $21,581,594
- Delivery of 2,500 units in January 2021
- Delivery of 4,500 units in February 2021
- Delivery of the final 3,000 units in March 2021
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315221010910/form10-q.htm) in full (105,149 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 10-Q filed 2021-05-10
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... Subsequent to executing this agreement, due to the additional executed contracts, 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.”