Long Ridge acquisition termination fee
Company: Marathon Digital
The claim, verbatim
Marathon Digital may be required to pay Sellers a $75 million termination fee under certain circumstances
Source (primary)
Marathon Digital 8-K filed 2026-04-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Under certain circumstances, Buyer will be required to pay Sellers a termination fee of $75.0 million”
How we checked this
Checked on September 15, 2026. The cited source supports part of this claim, but not all of it.
The $75 million termination fee is confirmed. The filing assigns it to the Buyer, a MARA Holdings subsidiary, and does not mention Marathon Digital.
Confirmed in the source:
- Under certain circumstances, the buyer (MARA USA Corporation, a MARA Holdings subsidiary) will be required to pay the Sellers a termination fee
- The termination fee is $75.0 million
We could not confirm this from the cited source:
- That the party obligated to pay is 'Marathon Digital'; the filing names the Buyer, MARA USA Corporation, a subsidiary of MARA Holdings, Inc.
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: “Under certain circumstances, Buyer will be required to pay Sellers a termination fee of $75.0 million”