Power Purchase Agreement term
Company: Marathon Digital - Project: Hardin
The claim, verbatim
The Power Purchase Agreement has an initial five-year term with up to five additional three-year extensions as mutually agreed
Source (primary)
Marathon Digital 8-K filed 2020-10-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The initial term of the Power Purchase Agreement is five years, with up to five additional three - year extensions, as mutually agreed”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states the Power Purchase Agreement's initial term is five years with up to five additional three-year extensions, as mutually agreed. The source adds a 75% energy utilization condition that the claim omits, but the claim's own assertions are all established.
Confirmed in the source:
- The Power Purchase Agreement has an initial term of five years
- The agreement allows up to five additional three-year extensions
- The extensions are as mutually agreed
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: “The initial term of the Power Purchase Agreement is five years, with up to five additional three - year extensions, as mutually agreed”