Interconnection study completion milestone
Company: Marathon Digital - Project: MAT 1177
The claim, verbatim
Milestone payments contingent on buyer's discretionary election to proceed following completion of an interconnection study
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's election, in its sole discretion, to proceed with the Project following completion of the applicable interconnection study”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The filing states one installment is payable upon the buyer's sole-discretion election to proceed after the interconnection study is completed.
Confirmed in the source:
- A milestone payment installment is contingent on Buyer's election, in its sole discretion, to proceed with the project
- That election follows completion of the applicable interconnection study
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's election, in its sole discretion, to proceed with the Project following completion of the applicable interconnection study”