Strategic Agreement with Starwood Digital Ventures for joint AI/HPC development
Company: Marathon Digital
The claim, verbatim
Entered into Strategic Agreement with Starwood Digital Ventures to develop, finance and operate AI and HPC infrastructure on select power-rich sites; will contribute certain sites and retain up to 50% ownership interest in newly formed joint venture, with Starwood leading engineering, procurement, construction, and operations
Source (primary)
Marathon Digital 10-K filed 2026-03-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “we entered into a strategic agreement (the "Strategic Agreement") with Starwood Digital Ventures ("Starwood") to develop, finance and operate AI and HPC infrastructure on select power-rich sites within our existing portfolio. Under the Strategic Agreement, we will contribute certain sites to and retain up to a 50% ownership interest in a newly formed joint venture, while Starwood will lead engineering, procurement and construction activities, secure hyperscale tenancy and operate the assets.”
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Additional evidence
confirms Marathon Digital 10-K filed 2026-03-02
Quote: “we entered into a strategic agreement (the "Strategic Agreement") with Starwood Digital Ventures ("Starwood") to develop, finance and operate AI and HPC infrastructure on select power-rich sites within our existing portfolio. Under the Strategic Agreement, we will contribute certain sites to and retain up to a 50% ownership interest in a newly formed joint venture, while Starwood will lead engineering, procurement and construction activities, secure hyperscale tenancy and operate the assets.”