Purchased 700 MicroBT M305+ ASIC miners
Company: Marathon Digital
What the later record shows
Not a promise: a reported event · happened June 30, 2020
The claim, made August 13, 2020, reports a May 11, 2020 purchase and a June 2020 delivery, both already past. Later filings repeat that the miners were delivered in June 2020.
“These miners were delivered to the Company’s Hosting Facility in June 2020 and are producing Bitcoins.”
2020-11-12 · Marathon Digital 10-Q/A filed 2020-11-13 View cached copy (2026-09-13)Live source ↗
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 May 11, 2020, purchased 700 MicroBT M305+ ASIC miners for approximately $1.3 million, delivered to hosting facility in June 2020
Source (primary)
Marathon Digital 10-Q filed 2020-08-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On May 11, 2020, the Company purchased 700 new generation M305+ASIC Miners from MicroBT for approximately $1.3 million. The 700 miners produce 80/Th and will generate 56 PH/s (petahash) of hashing power, compared to the Company's current S-9 production of 46 PH/s. These next generation MicroBT ASIC miners are markedly more energy efficient than our existing Bitmain models. These miners were delivered to the Company's Hosting Facility in June and are producing Bitcoins.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states the May 11, 2020 MicroBT purchase of 700 miners for about $1.3 million and their June delivery to the hosting facility.
Confirmed in the source:
- On May 11, 2020, the company purchased 700 M305+ ASIC miners from MicroBT
- The purchase price was approximately $1.3 million
- The miners were delivered to the company's hosting facility in June 2020
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 May 11, 2020, the Company purchased 700 new generation M305+ASIC Miners from MicroBT for approximately $1.3 million. The 700 miners produce 80/Th and will generate 56 PH/s (petahash) of hashing power, compared to the Company's current S-9 production of 46 PH/s. These next generation MicroBT ASIC miners are markedly more energy efficient than our existing Bitmain models. These miners were delivered to the Company's Hosting Facility in June and are producing Bitcoins.”