Bitcoin collateral pledge for financing facilities
Company: Marathon Digital - Project: Long Ridge
What the later record shows
Not a promise: a reported event · happened August 4, 2026
The claim describes a pledge already made on August 4, 2026, before the statement date. A later article confirms that 18,750 BTC were pledged in August as collateral for $600 million in borrowing.
“MARA subsequently pledged 18,750 BTC as initial collateral for $600 million in new borrowing from Coinbase Credit and Two Prime Lending in August.”
2026-10-09 · MARA Holdings moves $81M in BTC, is Bitcoin price at risk? - Crypto News View cached copy (2026-10-09)Live source ↗Archive.org ↗
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
Marathon Digital pledged 18,750 Bitcoin as collateral for two financing facilities tied to the Long Ridge acquisition
Source (primary)
MARA Stock: Shares Fall As Bitcoin Drops Below $77,000, Short Squeeze Setup In Focus - Coinpedia (-, news_article)
View cached copy (2026-09-14)Live source ↗
Quote: “on August 4 the company pledged another 18,750 Bitcoin, nearly 53% of that coin count, as collateral for two financing facilities tied partly to its pending Long Ridge acquisition”
How we checked this
Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.
The article confirms that MARA Holdings pledged 18,750 Bitcoin as collateral for two financing facilities. It says those facilities are tied only partly to the pending Long Ridge acquisition, so the claim overstates the link, and the article never uses the name Marathon Digital.
Confirmed in the source:
- MARA Holdings pledged 18,750 Bitcoin as collateral for two financing facilities on August 4
- The two financing facilities are partly tied to the company's pending Long Ridge acquisition
We could not confirm this from the cited source:
- The document names the company only as MARA Holdings and does not use the name Marathon Digital
- The document says the facilities are tied only partly to the Long Ridge acquisition, not wholly
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://coinpedia.org/news/mara-stock-shares-fall-as-bitcoin-drops-below-77000-short-squeeze-setup-in-focus/) in full (7,291 characters, retrieved September 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA Stock: Shares Fall As Bitcoin Drops Below $77,000, Short Squeeze Setup In Focus - Coinpedia
Quote: “on August 4 the company pledged another 18,750 Bitcoin, nearly 53% of that coin count, as collateral for two financing facilities tied partly to its pending Long Ridge acquisition”