Marathon Digital Holdings Files 2023 Annual Report Amendment

TL;DR

MARATHON DIGITAL HOLDINGS (MARA) FILED AN AMENDED 10-K FOR 2023. CHECK FOR UPDATES.

AI Summary

Marathon Digital Holdings, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ending December 31, 2023. The filing, submitted on May 24, 2024, provides updated information and disclosures related to the company's operations. Marathon Digital Holdings, Inc. is a company focused on digital asset technology, with its principal executive offices located in Las Vegas, Nevada.

Why It Matters

This amendment to the 10-K filing may contain updated financial information or disclosures that could impact investors' understanding of Marathon Digital Holdings' performance and financial position as of December 31, 2023.

Risk Assessment

Risk Level: medium — Amendments to 10-K filings often indicate that the original filing required corrections or additional disclosures, which could point to complexities or issues in the company's reporting or operations.

Key Numbers

• 20231231 — Fiscal Year End (The period covered by the amended annual report.)
• 20240524 — Filing Date (The date the 10-K/A was submitted to the SEC.)

Key Players & Entities

• MARATHON DIGITAL HOLDINGS, INC. (company) — Filer of the 10-K/A
• 20231231 (date) — Fiscal year end for the reported period
• 20240524 (date) — Filing date of the amendment
• 0001507605 (company) — Central Index Key for Marathon Digital Holdings, Inc.
• Las Vegas, Nevada (location) — Location of the company's principal executive offices

FAQ

From the Filing

0001628280-24-025261.txt : 20240524 0001628280-24-025261.hdr.sgml : 20240524 20240524165752 ACCESSION NUMBER: 0001628280-24-025261 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 101 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240524 DATE AS OF CHANGE: 20240524 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARATHON DIGITAL HOLDINGS, INC. CENTRAL INDEX KEY: 0001507605 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] ORGANIZATION NAME: 06 Technology IRS NUMBER: 010949984 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-36555 FILM NUMBER: 24985290 BUSINESS ADDRESS: STREET 1: 1180 N. TOWN CENTER DRIVE STREET 2: SUITE 100 CITY: LAS VEGAS STATE: NV ZIP: 89144 BUSINESS PHONE: (800) 804-1690 MAIL ADDRESS: STREET 1: 1180 N. TOWN CENTER DRIVE STREET 2: SUITE 100 CITY: LAS VEGAS STATE: NV ZIP: 89144 FORMER COMPANY: FORMER CONFORMED NAME: Marathon Patent Group, Inc. DATE OF NAME CHANGE: 20130222 FORMER COMPANY: FORMER CONFORMED NAME: American Strategic Minerals Corp DATE OF NAME CHANGE: 20111213 FORMER COMPANY: FORMER CONFORMED NAME: VERVE VENTURES INC DATE OF NAME CHANGE: 20101210 10-K/A 1 mara-20231231.htm 10-K/A mara-20231231 0001507605 2023 true FY http://marathondh.com/20231231#AccountingStandardsUpdate202308Member 0.0131277 iso4217:USD xbrli:shares iso4217:USD xbrli:shares mara:segment xbrli:pure mara:bitcoin mara:rig mara:loan mara:day mara:bitcoin_mining_site mara:Megawatt 0001507605 2023-01-01 2023-12-31 0001507605 2023-06-30 0001507605 2024-05-23 0001507605 2023-12-31 0001507605 2022-12-31 0001507605 2022-01-01 2022-12-31 0001507605 2021-01-01 2021-12-31 0001507605 us-gaap:CommonStockMember 2020-12-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001507605 us-gaap:RetainedEarningsMember 2020-12-31 0001507605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001507605 2020-12-31 0001507605 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001507605 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001507605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001507605 us-gaap:CommonStockMember 2021-12-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001507605 us-gaap:RetainedEarningsMember 2021-12-31 0001507605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001507605 2021-12-31 0001507605 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001507605 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001507605 us-gaap:CommonStockMember 2022-12-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001507605 us-gaap:RetainedEarningsMember 2022-12-31 0001507605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001507605 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001507605 us-gaap:RetainedEarningsMember srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2022-12-31 0001507605 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2022-12-31 0001507605 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001507605 us-gaap:CommonStockMember 2023-12-31 0001507605 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001507605 us-gaap:RetainedEarningsMember 2023-12-31 0001507605 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001507605 mara:TreasuryBillsAndOtherGovernmentBackedSecuritiesMember 2023-12-31 0001507605 mara:BitcoinMember 2023-01-01 2023-12-31 0001507605 mara:SAFEInvestmentMember 2023-12-31 0001507605 mara:SAFEInvestmentMember 2022-12-31 0001507605 mara:AuradineIncMember 2023-09-01 2023-09-30 0001507605 us-gaap:PreferredStockMember mara:AuradineIncMember 2022-09-27 2022-09-27 0001507605 us-gaap:PreferredStockMember mara:AuradineIncMember 2022-09-27 0001507605 us-gaap:P