Mining portfolio to reach ~1.1 GW, 54% self-owned
Company: Marathon Digital
What the later record shows
Delivered on time
The May 8, 2024 release states the portfolio reached more than 1.1 GW, with 54% on directly owned and operated sites, before the end-2024 deadline.
“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
After the acquisition closes and the site is expanded in 2024, Marathon's Bitcoin mining portfolio will be about 1.1 GW across eleven sites on three continents, with 54% on sites it directly owns and operates.
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: “Following the close of this acquisition and the anticipated expansion of the site in 2024, Marathon will have increased the number of megawatts in its mining portfolio to 1.1 gigawatts, 54% of which will reside on sites directly owned and operated by the Company.”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The release gives the roughly 1.1 GW total and the 54% self-owned share, and the CEO quote adds that the portfolio will span eleven sites on three continents.
Confirmed in the source:
- After closing and the anticipated 2024 expansion, Marathon's mining portfolio will be about 1.1 GW
- 54% of that portfolio will be on sites Marathon directly owns and operates
- The portfolio will span 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/1507605/000149315224010217/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: “Following the close of this acquisition and the anticipated expansion of the site in 2024, Marathon will have increased the number of megawatts in its mining portfolio to 1.1 gigawatts, 54% of which will reside on sites directly owned and operated by the Company.”
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”