Long Ridge acquisition assumed debt
Company: Marathon Digital
The claim, verbatim
Transaction assumes at least $785 million of debt, backstopped by a bridge loan
Source (primary)
MARA to Accelerate its Digital Infrastructure Strategy with Acquisition of Long Ridge Energy & Power (“Long Ridge”) Presentation (IR page (ir.mara.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “includes the assumption of at least $785 million of debt, backstopped by a bridge loan”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
A footnote to the $1.5B transaction value states that it includes the assumption of at least $785 million of debt, backstopped by a bridge loan.
Confirmed in the source:
- The Long Ridge transaction value includes the assumption of at least $785 million of debt
- The assumed debt is backstopped by a bridge loan
What we did: Read our cached copy of IR page (ir.mara.com) (https://d1io3yog0oux5.cloudfront.net/_acac9787cc36f15214b4079363d57bfc/marathondh/db/417/7572/pdf/Project+Leopard+Deck+V2.pdf) in full (19,483 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA to Accelerate its Digital Infrastructure Strategy with Acquisition of Long Ridge Energy & Power (“Long Ridge”) Presentation
Quote: “includes the assumption of at least $785 million of debt, backstopped by a bridge loan”
confirms marathon-digital 8-K exhibit (d54802dex991.htm)
Quote: “including the assumption of at least $785 million of debt”