Expansion Payment earn-out for data center capacity additions
Company: Marathon Digital
The claim, verbatim
If the target expands existing data center facilities with construction achieving notice to proceed within three years of closing, buyer will pay $50,000 per MW of incremental capacity, up to a maximum of $15 million
Source (primary)
Marathon Digital 8-K filed 2023-12-19 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Expansion Payment, if any, shall be in an amount equal to $50,000 multiplied by each megawatt ("MW") of incremental capacity at the Existing Facilities for which construction has achieved notice to proceed on or prior to the third annual anniversary of the Closing, up to a maximum amount of $15 million”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Marathon Digital 8-K filed 2023-12-19
Quote: “The Expansion Payment, if any, shall be in an amount equal to $50,000 multiplied by each megawatt ("MW") of incremental capacity at the Existing Facilities for which construction has achieved notice to proceed on or prior to the third annual anniversary of the Closing, up to a maximum amount of $15 million”