Garden City acquisition funded in cash from balance sheet
Company: Marathon Digital - Project: Garden City
The claim, verbatim
Marathon will pay the $87.3 million purchase price for the Garden City acquisition in cash from its balance sheet.
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: “Marathon will pay the purchase price in cash from its balance sheet.”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The press release states the $87.3 million price for the Garden City data center and that Marathon will pay it in cash from its balance sheet.
Confirmed in the source:
- The Garden City, Texas data center purchase price is $87.3 million (before any purchase price adjustments)
- Marathon will pay the purchase price in cash from its balance sheet
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000149315224010217/ex99-1.htm) in full (8,120 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: “Marathon will pay the purchase price in cash from its balance sheet.”