54% of 1.1 GW portfolio to be directly owned and operated
Company: Marathon Digital
What the later record shows
Delivered on time
The Q1 2024 results release (May 8, 2024) says 54% of the more-than-1.1 GW portfolio now resides on directly owned and operated sites. A February 2025 release puts the owned share at about 70%.
“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 ↗
“we increased our owned data center portfolio since the beginning of the year from 0% to approximately 70%”
2025-02-25 · marathon-digital 8-K exhibit (ex99-1.htm) View cached copy (2026-10-19)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
After the expansion, 54% of Marathon's 1.1 GW mining capacity will be directly owned and operated by the company.
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: “54% of which we will directly own and operate”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The CEO says 54% of the post-expansion 1.1 GW portfolio will be directly owned and operated by Marathon.
Confirmed in the source:
- After the expansion, 54% of Marathon's 1.1 GW mining capacity will be directly owned and operated by the company
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: “54% of which we will directly own and operate”
confirms marathon-digital 8-K exhibit (ex99-1.htm)
Quote: “we increased our owned data center portfolio since the beginning of the year from 0% to approximately 70%”
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”