$100 million power capacity security deposit
Company: Marathon Digital - Project: MAT 1177
What the later record shows
Not a promise: a reported event
The claim is in the past tense: it reports that the $100 million deposit had already been posted when the 8-K was filed. Later coverage of the same filing confirms the posting, but no passage gives the exact posting date.
“Volt Texas LLC posted a $100 million security deposit with the Electric Utility Company in respect of the power capacity contemplated for the Site.”
2026-09-25 · $100 million is on deposit for power at MARA Holdings (MARA)'s Texas site. What is the deal's price? - Stock Titan View cached copy (2026-09-26)Live source ↗
“MARA also posted a $100 million security deposit with the electric utility for 2,000 MW capacity, which it may withdraw at its discretion.”
2026-09-25 · MARA Amends MAT 1177 Acquisition Terms; Keeps $600 Million Price, Posts $100 Million Deposit - TradingView View cached copy (2026-09-26)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
Buyer posted $100 million security deposit with Electric Utility Company for power capacity at the Site, which Buyer may withdraw at its sole discretion
Source (primary)
Marathon Digital 8-K filed 2026-09-25 (SEC EDGAR, sec_filing)
View cached copy (2026-09-26)Live source ↗
Quote: “Buyer posted a security deposit of $100.0 million (the "Security Deposit") with the Electric Utility Company in respect of the power capacity contemplated for the Site, which Buyer may elect to withdraw in its sole discretion”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The 8-K states that the buyer posted a $100.0 million security deposit with the electric utility for the site's power capacity and that the buyer may withdraw it at its sole discretion. The filing adds that this right is subject to the sale process the amendment describes.
Confirmed in the source:
- Buyer (Volt Texas LLC) posted a $100.0 million security deposit with the Electric Utility Company
- The deposit relates to the power capacity contemplated for the Site
- Buyer may elect to withdraw the deposit in its sole discretion
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000095014226002607/eh260835247_8k.htm) in full (9,916 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2026-09-25
Quote: “Buyer posted a security deposit of $100.0 million (the "Security Deposit") with the Electric Utility Company in respect of the power capacity contemplated for the Site, which Buyer may elect to withdraw in its sole discretion”