Third-party hosting arrangements expire Q3 2027–Q1 2028
Company: Marathon Digital
The claim, verbatim
MARA's most significant third-party hosting arrangements, about 29% of total energy capacity, are scheduled to expire starting Q3 2027 and fully conclude during Q1 2028, eliminating third-party hosting costs.
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: “Our most significant third-party hosting arrangements, representing approximately 29% of our total energy capacity, are scheduled to expire, beginning in the third quarter of 2027 and expected to fully conclude during the first quarter of 2028.”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The letter states the 29% share, the expiration timeline and the elimination of third-party hosting costs. The final conclusion date and the cost elimination are presented as MARA's expectations.
Confirmed in the source:
- MARA's most significant third-party hosting arrangements represent approximately 29% of its total energy capacity.
- Those arrangements are scheduled to begin expiring in the third quarter of 2027.
- Those arrangements are expected to fully conclude during the first quarter of 2028.
- MARA expects the expirations to eliminate third-party hosting costs.
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: “Our most significant third-party hosting arrangements, representing approximately 29% of our total energy capacity, are scheduled to expire, beginning in the third quarter of 2027 and expected to fully conclude during the first quarter of 2028.”