jain.com

~20% cost-per-coin reduction at Garden City

Company: Marathon Digital

Subject kind
guidance
Statement date
2024-03-17
Promised amount
20.0 percent
Current status
stated

The claim, verbatim

Marathon expects the transaction to cut the cost per coin of its current Garden City operations by about 20%.

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: “this transaction is also expected to reduce the cost per coin of Marathon's current operations at the site by approximately 20%”

How we checked this

Checked on November 9, 2026. The cited source supports every part of this claim.

The release says the transaction is expected to cut the cost per coin at the site by about 20%.

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: “this transaction is also expected to reduce the cost per coin of Marathon's current operations at the site by approximately 20%”

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