Exclusive power purchase agreement with Beowulf
Company: Marathon Digital - Project: Hardin
The claim, verbatim
Marathon entered into an exclusive Power Purchase Agreement with Beowulf for 30 MW in Phase I and up to 100 MW total in Phase II at a cost of $0.028 per kilowatt-hour
Source (primary)
Marathon Digital 8-K filed 2020-10-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Marathon and Beowulf entered into an exclusive Power Purchase Agreement for the initial supply of 30 MW (Phase I), and up to 100 MW in the aggregate (Phase II), of energy load to the Facility at a cost of $0.028/kWh”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states each of these terms of the exclusive Power Purchase Agreement directly.
Confirmed in the source:
- Marathon and Beowulf entered into an exclusive Power Purchase Agreement
- The agreement covers an initial 30 MW in Phase I
- The agreement covers up to 100 MW in aggregate in Phase II
- The energy cost is $0.028 per kilowatt-hour
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315220019373/form8-k.htm) in full (7,161 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2020-10-13
Quote: “Marathon and Beowulf entered into an exclusive Power Purchase Agreement for the initial supply of 30 MW (Phase I), and up to 100 MW in the aggregate (Phase II), of energy load to the Facility at a cost of $0.028/kWh”