Purchased 6,000 S-9 Bitmain Bitcoin miners from SelectGreen Blockchain
Company: Marathon Digital
What the later record shows
Not a promise: a reported event · happened September 30, 2019
The claim's own text says the purchase was consummated on September 30, 2019, about a year before it was said.
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
On September 30, 2019, consummated purchase of 6,000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers from SelectGreen Blockchain Ltd for $4,086,250 or 2,335,000 shares at $1.75 per share, later amended to 2,101,500 shares with balance of 350,250 shares at $0.49 per share
Source (primary)
Marathon Digital 10-Q filed 2020-08-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On September 30, 2019, the Company consummated the purchase of 6000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers ("Miners") from SelectGreen Blockchain Ltd. (the "Seller"), a British Columbia corporation, for which the purchase price was $4,086,250 or 2,335,000 shares of its common stock at a price of $1.75 per share. On March 30, 2020, the Seller agreed to amend the total of number of shares to be issued was reduced to 2,101,500 shares and the rest of 350,250 shares were issued at $0.49 per share.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
Note 1 and the MD&A describe the SelectGreen purchase, its price and share terms, and the March 30, 2020 amendment exactly as claimed.
Confirmed in the source:
- On September 30, 2019, the company consummated the purchase of 6,000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers
- The seller was SelectGreen Blockchain Ltd.
- The purchase price was $4,086,250, or 2,335,000 shares at $1.75 per share
- On March 30, 2020, the share total was amended down to 2,101,500 shares
- The remaining 350,250 shares were issued at $0.49 per share
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315220015625/form10-q.htm) in full (72,013 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 10-Q filed 2020-08-14
Quote: “On September 30, 2019, the Company consummated the purchase of 6000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers ("Miners") from SelectGreen Blockchain Ltd. (the "Seller"), a British Columbia corporation, for which the purchase price was $4,086,250 or 2,335,000 shares of its common stock at a price of $1.75 per share. On March 30, 2020, the Seller agreed to amend the total of number of shares to be issued was reduced to 2,101,500 shares and the rest of 350,250 shares were issued at $0.49 per share.”