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Acquisition of Long Ridge Energy & Power LLC for approximately $1.5 billion

Company: Marathon Digital

Subject kind
acquisition
Statement date
2026-06-24
Promised amount
1500000000.0 USD
Current status
stated

The claim, verbatim

MARA USA Corporation will acquire 100% of Long Ridge Energy & Power LLC from Ohio River Partners Holdco LLC and Ohio River Partners Finance LLC for a base purchase price of approximately $1.5 billion

Source (primary)

Marathon Digital 8-K filed 2026-06-25 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗

Quote: “Buyer will acquire 100% of the issued and outstanding limited liability company membership interests in Long Ridge Energy & Power LLC, a Delaware limited liability company (" Long Ridge "), from the Sellers for a base purchase price of approximately $1.5 billion, subject to customary purchase price adjustments, after which Long Ridge will become an indirect wholly owned subsidiary of the Company”

How we checked this

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000095014226001875/eh260796591_8k.htm) in full (7,836 characters, retrieved August 30, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Marathon Digital 8-K filed 2026-06-25

Quote: “Buyer will acquire 100% of the issued and outstanding limited liability company membership interests in Long Ridge Energy & Power LLC, a Delaware limited liability company (" Long Ridge "), from the Sellers for a base purchase price of approximately $1.5 billion, subject to customary purchase price adjustments, after which Long Ridge will become an indirect wholly owned subsidiary of the Company”

View cached copy (2026-08-30)Live source ↗