Long Term Purchase Contract for 10,500 Antminer S-19 Pro ASIC Miners from Bitmain
Company: Marathon Digital
The claim, verbatim
Marathon entered into a Long Term Purchase Contract with Bitmain on August 13, 2020 for the purchase of 10,500 next generation Antminer S-19 Pro ASIC Miners with a total hashrate of not less than 1,155,000 TH/s, for a total purchase price of $23,159,173.80 (after 6.62% discount), with deliveries scheduled from January through June 2021.
Source (primary)
Marathon Digital 10-Q filed 2020-11-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On August 13, 2020, the Company entered into a Long Term Purchase Contract with Bitmaintech PTE., LTD ("Bitmain") for the purchase of 10,500 next generation Antminer S-19 Pro ASIC Miners . The purchase price per unit is $2,362.00 ($2,205.63 with a 6.62% discount) for a total purchase price of $24,801,000.00 (with a 6.62% discount for a discounted price of $23,159,173.80). The parties confirm that the total hashrate of the Antminers under this agreement shall not be less than 1,155,000.00TH/s.”
How we checked this
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Additional evidence
confirms Marathon Digital 10-Q filed 2020-11-12
Quote: “On August 13, 2020, the Company entered into a Long Term Purchase Contract with Bitmaintech PTE., LTD ("Bitmain") for the purchase of 10,500 next generation Antminer S-19 Pro ASIC Miners . The purchase price per unit is $2,362.00 ($2,205.63 with a 6.62% discount) for a total purchase price of $24,801,000.00 (with a 6.62% discount for a discounted price of $23,159,173.80). The parties confirm that the total hashrate of the Antminers under this agreement shall not be less than 1,155,000.00TH/s.”