Long Ridge transaction pending FERC approval
Company: Marathon Digital
The claim, verbatim
According to the Q2 letter, the Long Ridge transaction is still awaiting FERC approval and has not closed.
Source (primary)
MARA Moves $81.1M in Bitcoin to Galaxy Digital Amid AI Pivot - Altcoin Buzz (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
Quote: “The Long Ridge transaction is still awaiting FERC approval, the Q2 letter said”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article cites the Q2 letter for the pending FERC approval and concludes that the transaction has not closed.
Confirmed in the source:
- MARA's Q2 letter said the Long Ridge transaction is still awaiting FERC approval
- The Long Ridge transaction has not closed
What we did: Read our cached copy of the publisher (https://www.altcoinbuzz.io/mara-sends-81-1m-in-bitcoin-to-galaxy-as-ai-pivot-reshapes-treasury) in full (6,649 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA Moves $81.1M in Bitcoin to Galaxy Digital Amid AI Pivot - Altcoin Buzz
Quote: “The Long Ridge transaction is still awaiting FERC approval, the Q2 letter said”