Matagorda County, Texas site rights up to 2 GW
Company: Marathon Digital - Project: Matagorda County
The claim, verbatim
MARA secured the rights to develop a site in Matagorda County, Texas with up to 2 GW of power capacity; payments to sellers are contingent on power approval and none have been made.
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: “securing the rights to develop a site in Matagorda County, Texas with up to 2 gigawatts ("GW") of power capacity”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The letter states the development rights, the up to 2 GW capacity, the contingent payment structure and that no payments have been made.
Confirmed in the source:
- MARA secured the rights to develop a site in Matagorda County, Texas
- The Matagorda site has up to 2 GW of power capacity
- Payments to the sellers are contingent on power being approved
- MARA has made no payments to the sellers to date
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: “securing the rights to develop a site in Matagorda County, Texas with up to 2 gigawatts ("GW") of power capacity”