Marathon Digital Holdings Enters Custodial Services Agreement with Fidelity

Marathon Digital Holdings, Inc. (referred to as the “Company”) has announced the signing of a Custodial Services Agreement with Fidelity Digital Asset Services LLC (known as “Fidelity”). Under this Agreement, the Company will open one or more custodial asset accounts with Fidelity to manage a portion of its digital assets.

The Agreement outlines various administrative aspects, including the transfer of assets into and out of the accounts, as well as trading policies, such as the execution of orders. It allows either party to terminate the Agreement at any time with 30 days’ written notice, and also permits immediate termination under certain specified circumstances.

Details regarding fees are included in the Agreement, which also encompasses other standard provisions typical of custodial services agreements of this nature.