Financing commitments obtained for Long Ridge acquisition
Company: Marathon Digital - Project: Long Ridge
The claim, verbatim
MARA expects to fund the acquisition through existing cash, debt rollover and possible equity and/or debt issuances, and has obtained commitments for the requisite financing.
Source (primary)
MARA to Accelerate its Digital Infrastructure Strategy with Acquisition of Long Ridge Energy & Power (“Long Ridge”) Presentation (IR page (ir.mara.com), ir_presentation)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “The Company expects to fund the acquisition through a combination of existing cash on hand, debt rollover and possible equity and/or debt issuances and has obtained commitments for the requisite financing.”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
A note on the deck's financing slide states both the expected funding mix and that commitments for the requisite financing have been obtained.
Confirmed in the source:
- MARA expects to fund the Long Ridge acquisition through existing cash on hand, debt rollover and possible equity and/or debt issuances
- MARA has obtained commitments for the requisite financing
What we did: Read our cached copy of IR page (ir.mara.com) (https://d1io3yog0oux5.cloudfront.net/_8c69f4357a699e228a85d68890478b48/marathondh/db/417/7572/pdf/Project+Leopard+Deck+V2.pdf) in full (19,483 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA to Accelerate its Digital Infrastructure Strategy with Acquisition of Long Ridge Energy & Power (“Long Ridge”) Presentation
Quote: “The Company expects to fund the acquisition through a combination of existing cash on hand, debt rollover and possible equity and/or debt issuances and has obtained commitments for the requisite financing.”