Longridge ~$144M annualized EBITDA
Company: Marathon Digital
The claim, verbatim
Management quantified the Longridge deal at roughly $144 million of annualized EBITDA with about 70% of output contracted; the deal is pending FERC approval and closing.
Source (primary)
MARA's Q3 Test: Can Lease Progress And Longridge Offset A Shrinking Bitcoin Cushion? - Finviz (-, news_article)
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Quote: “Management quantified the deal at roughly $144 million of annualized EBITDA with about 70% of output contracted”
How we checked this
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Additional evidence
confirms MARA's Q3 Test: Can Lease Progress And Longridge Offset A Shrinking Bitcoin Cushion? - Finviz
Quote: “Management quantified the deal at roughly $144 million of annualized EBITDA with about 70% of output contracted”