jain.com

$600M Bitcoin-backed loan for Long Ridge deal

Company: Marathon Digital

Subject kind
financing
Statement date
2026-11-05
Promised amount
600000000.0 USD
Current status
stated

The claim, verbatim

Funding for the Long Ridge deal includes a US$600 million Bitcoin-backed loan, whose structure is yet to be seen.

Source (primary)

MARA Holdings (MARA) Secures Approval For Long Ridge Gas Plant Acquisition - Simply Wall St (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “tracking how the US$900 million debt and US$600 million Bitcoin backed loan are structured”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms MARA Holdings (MARA) Secures Approval For Long Ridge Gas Plant Acquisition - Simply Wall St

Quote: “tracking how the US$900 million debt and US$600 million Bitcoin backed loan are structured”

View cached copy (2026-11-06)Live source ↗Archive.org ↗