Energized hashrate target for year-end 2025
Company: Marathon Digital
What the later record shows
The date slipped
The FY2025 10-K reports energized hashrate of 66.4 EH/s as of December 31, 2025, short of the 75 EH/s year-end target. No revised date is given.
“The following table presents our computing power and miner efficiency as of December 31, 2025, 2024 and 2023: (1) Energized hashrate”
2026-03-02 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗
“Total energy capacity (in GW) (3) (2) 2025 As of December 31, 2024 2023 66.4 18.6 1.9”
2026-03-02 · View 10-K PDF View cached copy (2026-09-01)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
Target energized hashrate of 75 EH/s by year-end 2025.
Source (primary)
marathon-digital 8-K exhibit (q325shareholderletter.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “We continue to advance toward our target of 75 EH/s of energized hashrate by year-end 2025”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
MARA's Q3 2025 shareholder letter states the company continues to advance toward its target of 75 EH/s of energized hashrate by year-end 2025.
Confirmed in the source:
- MARA states a target of 75 EH/s of energized hashrate
- The target date is year-end 2025
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000150760525000026/q325shareholderletter.htm) in full (50,724 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (q325shareholderletter.htm)
Quote: “We continue to advance toward our target of 75 EH/s of energized hashrate by year-end 2025”
delays View 10-K PDF
Quote: “The following table presents our computing power and miner efficiency as of December 31, 2025, 2024 and 2023: (1) Energized hashrate”