Long Ridge output ~70% under long-term contracts
Company: Marathon Digital
The claim, verbatim
Once completed, Long Ridge is expected to generate significant adjusted EBITDA with roughly 70% of its output under long-term contracts.
Source (primary)
marathon-digital 8-K exhibit (q326shareholderletter.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-10)Live source ↗
Quote: “Long Ridge is expected to generate significant adjusted EBITDA, with roughly 70% of its output under long-term contracts”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The letter makes both statements about Long Ridge's expected contribution after the acquisition is completed.
Confirmed in the source:
- Once completed, Long Ridge is expected to generate significant adjusted EBITDA
- Roughly 70% of Long Ridge's output is expected to be under long-term contracts
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000150760526000026/q326shareholderletter.htm) in full (43,591 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (q326shareholderletter.htm)
Quote: “Long Ridge is expected to generate significant adjusted EBITDA, with roughly 70% of its output under long-term contracts”