Garden City acquisition expected to close Q2 2024
Company: Marathon Digital
What the later record shows
Delivered on time · happened April 1, 2024
The Garden City acquisition closed on April 1, 2024, within the promised second quarter of 2024.
“has closed its previously announced acquisition of a Bitcoin mining data center in Garden City, Texas, with a name plate capacity of 200 megawatts”
2024-04-03 · marathon-digital 8-K exhibit (ex99-1.htm) View cached copy (2026-11-08)Live source ↗
“On April 1, 2024, the Company acquired an operational bitcoin mining site located in Garden City, Texas with 132 megawatts of operational capacity and 200 megawatts of nameplate capacity”
2024-07-31 · Marathon Digital 10-Q filed 2024-08-01 View cached copy (2026-08-31)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
The Garden City transaction is subject to customary closing conditions and is expected to close in the second quarter of 2024.
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: “The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2024.”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The release states both the customary closing conditions and the expected Q2 2024 close.
Confirmed in the source:
- The Garden City transaction is subject to customary closing conditions
- The transaction is expected to close in the second quarter of 2024
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: “The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2024.”
confirms Marathon Digital 10-Q filed 2024-08-01
Quote: “On April 1, 2024, the Company acquired an operational bitcoin mining site located in Garden City, Texas with 132 megawatts of operational capacity and 200 megawatts of nameplate capacity”
confirms marathon-digital 8-K exhibit (ex99-1.htm)
Quote: “has closed its previously announced acquisition of a Bitcoin mining data center in Garden City, Texas, with a name plate capacity of 200 megawatts”