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32 MW of expansion capacity available at closing

Company: Marathon Digital - Project: Garden City

Subject kind
facility capacity
Statement date
2024-03-17
Promised by
2024-06-30
Promised amount
32.0 MW
Current status
verified

What the later record shows

Delivered on time · happened April 1, 2024

The acquisition closed April 1, 2024, and the site had 132 MW of operational capacity. That is consistent with the original ~100 MW plus 32 MW available at closing, though no passage names the 32 MW explicitly.

“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

Of the additional 100 MW of expansion capacity at Garden City, 32 MW is expected to be available as of the closing date.

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: “32 megawatts of which are expected to be available as of the closing date”

How we checked this

Checked on November 10, 2026. The cited source supports every part of this claim.

The release states Marathon will gain an additional 100 megawatts of expansion capacity, 32 megawatts of which are expected to be available at closing.

Confirmed in the source:

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: “32 megawatts of which are expected to be available as of the closing date”

View cached copy (2026-11-08)Live source ↗

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”

View cached copy (2026-08-31)Live source ↗

Record of changes

November 8, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 8, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.