Mining portfolio to reach 1.1 GW across eleven sites after Garden City expansion
Company: Marathon Digital
What the later record shows
Delivered on time
By May 8, 2024 the company reported its portfolio at more than 1.1 GW of capacity, before the end-2024 deadline. The eleven-site count is not confirmed in the passages.
“Closed multiple acquisitions of data centers, increasing mining portfolio to more than 1.1 gigawatts of capacity, 54% of which resides on sites now directly owned and operated by the Company”
2024-05-08 · marathon-digital 8-K exhibit (ex99-1.htm) View cached copy (2026-11-06)Live source ↗
Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Following the Garden City expansion later in 2024, Marathon's Bitcoin mining portfolio will consist of 1.1 gigawatts of capacity across eleven sites on three continents.
Source (primary)
marathon-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “our Bitcoin mining portfolio will consist of 1.1 gigawatts of capacity, 54% of which we will directly own and operate, and all of which are diversified across eleven sites on three continents”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The CEO states that after the site's expansion later in the year, the portfolio will total 1.1 GW across eleven sites on three continents.
Confirmed in the source:
- Following the anticipated Garden City expansion later in 2024, Marathon's Bitcoin mining portfolio will consist of 1.1 gigawatts of capacity
- The portfolio will be spread across eleven sites on three continents
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000149315224013186/ex99-1.htm) in full (4,699 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (ex99-1.htm)
Quote: “our Bitcoin mining portfolio will consist of 1.1 gigawatts of capacity, 54% of which we will directly own and operate, and all of which are diversified across eleven sites on three continents”
confirms marathon-digital 8-K exhibit (ex99-1.htm)
Quote: “Closed multiple acquisitions of data centers, increasing mining portfolio to more than 1.1 gigawatts of capacity, 54% of which resides on sites now directly owned and operated by the Company”