jain.com

$100M security deposit posted for Texas project

Company: Marathon Digital - Project: MAT 1177

Subject kind
financing
Statement date
2026-09-21
Promised amount
100000000.0 USD
Current status
stated

The claim, verbatim

MARA posted a USD 100.0 million security deposit, with milestone payments tied to regulatory approvals and the company's decision to proceed.

Source (primary)

MARA Holdings amends Texas deal. JPMorgan cuts MARA Holdings stock target - AD HOC NEWS (-, news_article)
View cached copy (2026-10-07)Live source ↗Archive.org ↗

Quote: “MARA posted a USD 100.0 million security deposit, with milestone payments tied to regulatory approvals and the company's decision to proceed”

How we checked this

Checked on October 9, 2026. The cited source supports every part of this claim.

The article reports the USD 100.0 million deposit and the conditions attached to milestone payments.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.ad-hoc-news.de/boerse/news/nebenwerte/mara-holdings-amends-texas-deal-jpmorgan-cuts-mara-holdings-stock-target/70246632) in full (4,920 characters, retrieved October 7, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA Holdings amends Texas deal. JPMorgan cuts MARA Holdings stock target - AD HOC NEWS

Quote: “MARA posted a USD 100.0 million security deposit, with milestone payments tied to regulatory approvals and the company's decision to proceed”

View cached copy (2026-10-07)Live source ↗Archive.org ↗