Initial equity issuance for operations and maintenance
Company: Marathon Digital - Project: Hardin
The claim, verbatim
Marathon will issue 3,000,000 shares of common stock to each of Beowulf and 2P1 for operations and maintenance services
Source (primary)
Marathon Digital 8-K filed 2020-10-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “in exchange for an initial issuance of 3,000,000 shares of Marathon's common stock to each of Beowulf and 2Pl”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states the initial issuance of 3,000,000 shares to each party is in exchange for operation and maintenance services.
Confirmed in the source:
- Marathon will issue 3,000,000 shares of common stock to each of Beowulf and 2P1
- The shares are in exchange for operation and maintenance services
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: “in exchange for an initial issuance of 3,000,000 shares of Marathon's common stock to each of Beowulf and 2Pl”