East Ohio Valley Railway railroad assets sale and operation
Company: Marathon Digital - Project: Long Ridge
The claim, verbatim
Parties agreed to negotiate and finalize agreements for the sale and operation of railroad-related assets held by East Ohio Valley Railway LLC, with closing concurrent with Long Ridge transaction
Source (primary)
Marathon Digital 8-K filed 2026-04-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “parties have also agreed to use their reasonable best efforts to negotiate and finalize in good faith certain specified agreements with respect to the sale and operation of a portion of the railroad-related assets held by East Ohio Valley Railway, LLC and cause the closing of the transactions contemplated by the Railroad Agreements to occur on or substantially concurrent with the closing of the Transaction”
How we checked this
Checked on September 15, 2026. The cited source supports part of this claim, but not all of it.
The filing confirms railroad agreements that are to close alongside the Long Ridge deal. However, they cover only a portion of East Ohio Valley Railway's railroad assets, and the parties committed only to reasonable best efforts.
Confirmed in the source:
- The parties agreed to use reasonable best efforts to negotiate and finalize agreements on the sale and operation of railroad-related assets held by East Ohio Valley Railway, LLC
- The parties agreed to cause those railroad transactions to close on or substantially concurrent with the closing of the Long Ridge transaction
We could not confirm this from the cited source:
- That the agreements cover the railroad-related assets generally; the filing says they cover only a portion of those assets
- That the parties firmly agreed to finalize the agreements; the filing says only that they will use reasonable best efforts to do so
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000119312526193982/d54802d8k.htm) in full (14,408 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2026-04-30
Quote: “parties have also agreed to use their reasonable best efforts to negotiate and finalize in good faith certain specified agreements with respect to the sale and operation of a portion of the railroad-related assets held by East Ohio Valley Railway, LLC and cause the closing of the transactions contemplated by the Railroad Agreements to occur on or substantially concurrent with the closing of the Transaction”
