Exaion $79M four-year GPUaaS contract
Company: Marathon Digital
The claim, verbatim
Subsidiary Exaion signed a four-year, $79 million GPU-as-a-service contract with its first U.S. customer on 100% take-or-pay terms.
Source (primary)
MARA Holdings Q3 Call: Aims to Secure Two AI/HPC Leases by Year-End, Reduces Total Debt by 37% - KuCoin (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “Exaion has signed a four-year, $79 million GPU-as-a-service contract with its first U.S. customer, on 100% take-or-pay terms”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article states the subsidiary, term, value, customer status and take-or-pay terms as claimed.
Confirmed in the source:
- Exaion is a MARA subsidiary
- Exaion signed a four-year GPU-as-a-service contract
- The contract is worth $79 million
- The customer is Exaion's first U.S. customer
- The contract is on 100% take-or-pay terms
What we did: Read our cached copy of the publisher (https://www.kucoin.com/news/flash/mara-holdings-q3-call-aims-to-sign-two-ai-hpc-leases-by-year-end-cuts-total-debt-by-37) in full (15,540 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA Holdings Q3 Call: Aims to Secure Two AI/HPC Leases by Year-End, Reduces Total Debt by 37% - KuCoin
Quote: “Exaion has signed a four-year, $79 million GPU-as-a-service contract with its first U.S. customer, on 100% take-or-pay terms”