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Security deposit with Electric Utility Company

Company: Marathon Digital - Project: MAT 1177

Subject kind
financing
Statement date
2026-09-21
Promised amount
100.0 USD
Current status
stated

The claim, verbatim

Buyer posted a security deposit of $100 million with the Electric Utility Company for the power capacity contemplated for the site

Source (primary)

$100 million is on deposit for power at MARA Holdings (MARA)'s Texas site. What is the deal's price? - Stock Titan (-, news_article)
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”

How we checked this

Checked on September 28, 2026. The cited source supports every part of this claim.

The filing states the buyer posted a $100.0 million security deposit with the utility for the site's contemplated power capacity.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.stocktitan.net/sec-filings/MARA/8-k-mara-holdings-inc-reports-material-event-29f628c6e908.html) in full (19,766 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms $100 million is on deposit for power at MARA Holdings (MARA)'s Texas site. What is the deal's price? - Stock Titan

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”

View cached copy (2026-09-26)Live source ↗