Barclays bridge loan backing
Company: Marathon Digital - Project: Long Ridge
The claim, verbatim
The Long Ridge acquisition is backstopped by a bridge loan from Barclays
Source (primary)
marathon-digital 8-K exhibit (d54802dex991.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-08)Live source ↗
Quote: “backstopped by a bridge loan from Barclays”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states the debt assumption in the Long Ridge acquisition is backstopped by a bridge loan from Barclays.
Confirmed in the source:
- MARA's acquisition of Long Ridge Energy involves the assumption of at least $785 million of debt backstopped by a bridge loan from Barclays
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000119312526193982/d54802dex991.htm) in full (14,228 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (d54802dex991.htm)
Quote: “backstopped by a bridge loan from Barclays”