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Phase II 60 MW milestone equity bonus

Company: Marathon Digital - Project: Hardin

Subject kind
financing
Statement date
2020-10-12
Promised amount
150000.0 shares
Current status
stated

The claim, verbatim

Upon reaching 60 megawatts facility load during Phase II, Marathon will issue 150,000 shares to Beowulf

Source (primary)

Marathon Digital 8-K filed 2020-10-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “150,000 shares upon reaching 60 MW of Facility load”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The filing lists 150,000 shares to Beowulf upon reaching 60 MW as part of the Phase II issuance.

Confirmed in the source:

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: “150,000 shares upon reaching 60 MW of Facility load”

View cached copy (2026-09-13)Live source ↗