Quebec mining facility lease term
Company: Marathon Digital - Project: Quebec
What the later record shows
Dropped · happened March 7, 2021
The lease was set to run through November 30, 2022. Later filings say it was terminated early on March 7, 2021, at a loss of about $81,000.
“On March 7, 2021, the Company entered into a termination agreement with the 9349-0001 Quebec Inc., to agree to terminate the outstanding lease.”
2021-08-12 · Marathon Digital 10-Q filed 2021-08-13 View cached copy (2026-09-13)Live source ↗
“The Company entered into a termination agreement with the Lessor to agree to terminate the lease as of March 7, 2021.”
2022-03-09 · Marathon Digital 10-K filed 2022-03-10 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
Facility lease term extends through November 30, 2022
Source (primary)
Marathon Digital S-3 filed 2019-06-03 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “for an initial term of five (5) years (the "Term"), commencing on December 1, 2017 and terminating on November 30, 2022”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states the Quebec building lease runs for an initial five-year term ending November 30, 2022, and that this lease was assumed for Marathon's mining operations, matching the claim.
Confirmed in the source:
- The lease for the Quebec mining facility (a 26,700 square foot building in Quebec, Canada, assumed by Marathon and assigned to its subsidiary Marathon Crypto Mining) has an initial five-year term running from December 1, 2017 to November 30, 2022.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315219008559/forms-3.htm) in full (159,042 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital S-3 filed 2019-06-03
Quote: “for an initial term of five (5) years (the "Term"), commencing on December 1, 2017 and terminating on November 30, 2022”
abandons Marathon Digital 10-K filed 2022-03-10
Quote: “The Company entered into a termination agreement with the Lessor to agree to terminate the lease as of March 7, 2021.”
abandons Marathon Digital 10-Q filed 2021-08-13
Quote: “On March 7, 2021, the Company entered into a termination agreement with the 9349-0001 Quebec Inc., to agree to terminate the outstanding lease.”