Data center lease in Quebec through November 2022
Company: Marathon Digital - Project: Granby
What the later record shows
Outcome not yet confirmed
The 2020 filings show the Granby, Quebec facility was still operating in mid-2020, partway through the lease term. No passage says whether the lease ran to its November 30, 2022 end, was ended early, or was renewed, and none mentions the rent.
“we outsource most of our operations to service providers, and our Granby facility and its bitcoin mining operations are provided by Block Maintain, Inc.”
2020-08-13 · Marathon Digital 10-Q filed 2020-08-14 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
Leases 26,700 square foot property in Quebec for five-year term commencing December 1, 2017 and terminating November 30, 2022, with annual rent of $120,150
Source (primary)
Marathon Digital S-3/A filed 2019-07-02 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Lessee leases a building of 26,700 square feet (the "Property") in Quebec, Canada, for an initial term of five (5) years (the "Term"), commencing on December 1, 2017 and terminating on November 30, 2022... annual rent of $120,150.00 plus tax”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states every term in the claim: size, location, five-year term, start and end dates, and annual rent. The lease was originally signed by Blocespace Inc. and assigned to Marathon's mining subsidiary, which the filing describes as assuming it in February 2018.
Confirmed in the source:
- The leased property is a 26,700 square foot building in Quebec, Canada
- The lease has an initial five-year term
- The term began on December 1, 2017 and ends on November 30, 2022
- Annual rent is $120,150 plus tax ($10,012.50 per month)
- Marathon's wholly owned subsidiary Marathon Crypto Mining, Inc. took over the lease through an assignment, to house its digital asset mining operations
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315219010149/forms-3a.htm) in full (159,981 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital S-3/A filed 2019-07-02
Quote: “the Lessee leases a building of 26,700 square feet (the "Property") in Quebec, Canada, for an initial term of five (5) years (the "Term"), commencing on December 1, 2017 and terminating on November 30, 2022... annual rent of $120,150.00 plus tax”