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Bitcoin mining equipment purchase from SelectGreen

Company: Marathon Digital

This claim was withdrawn on September 15, 2026. The source says the exchange cap limited issuance to only 1,279,442 shares (representing $2,233,773 of the $4,086,250 price), not that 2,335,000 shares were issued plus 1,279,442 additional shares.

How this was decided: Evidence review against the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
acquisition
Statement date
2019-11-11
Promised amount
4086250.0 USD
Current status
withdrawn

The claim, verbatim

On September 30, 2019, Company purchased 6,000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers from SelectGreen Blockchain Ltd for total purchase price of $4,086,250, settled through issuance of 2,335,000 shares at $1.75 per share plus 1,279,442 additional shares per Nasdaq exchange cap requirement.

Source (primary)

Marathon Digital 8-K filed 2019-11-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “On September 30, 2019, the Company consummated the purchase of 6,000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers from SelectGreen Blockchain Ltd, 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... the Company issued 1,279,442 shares of its common stock which represented $2,233,773 of the $4,086,250.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Marathon Digital 8-K filed 2019-11-12

Quote: “On September 30, 2019, the Company consummated the purchase of 6,000 S-9 Bitmain 13.5 TH/s Bitcoin Antminers from SelectGreen Blockchain Ltd, 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... the Company issued 1,279,442 shares of its common stock which represented $2,233,773 of the $4,086,250.”

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

Record of changes

September 14, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 2026 — withdrawn
Evidence review against the cited source. The source says the exchange cap limited issuance to only 1,279,442 shares (representing $2,233,773 of the $4,086,250 price), not that 2,335,000 shares were issued plus 1,279,442 additional shares.