Marathon Digital Holdings Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

STOCKHOLDERS??? EQUITY (Details Narrative)

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)																1 Months Ended	12 Months Ended
STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	Jan. 12, 2021	Jan. 04, 2021	Dec. 22, 2020	Nov. 12, 2020	Oct. 06, 2020	Aug. 20, 2020	Aug. 13, 2020	Jul. 23, 2020	Jun. 02, 2020	May 05, 2020	Mar. 31, 2020	Jan. 12, 2020	Oct. 02, 2019	Jul. 22, 2019	Jul. 19, 2019	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Nov. 18, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common Stock, Shares Authorized																200,000,000	200,000,000	200,000,000
Preferred Stock, Shares Authorized																50,000,000	50,000,000	50,000,000
Preferred Stock, Par or Stated Value Per Share																$ 0.0001	$ 0.0001	$ 0.0001
Common stock, par value																$ 0.0001	$ 0.0001	$ 0.0001
Common Stock, Shares, Issued																81,974,619	102,733,273	81,974,619
Common Stock, Shares, Outstanding																81,974,619	102,733,273	81,974,619
Preferred Stock, Shares Issued																0	0	0
Preferred Stock, Shares Outstanding																0	0	0
Offering cost															$ 7,472,417
Shares issued price																	$ 0.90			$ 1,000
Offering costs																	$ 12,571,668	$ 7,069,955	$ 10,399
Net proceeds																	324,768,476	229,961,998	255,893
Common stock, issued during the period, value																	$ 237,429,620	$ 297,659,270	245,494
Proceeds from public offering		$ 2,300,000
Warrant or right issuance, description						The Placement Agent Warrants have an exercise price equal to 125% of the offering price per share (or $25.00 per share).
Issuance of common stock, net of offering costs/At-the-market offering, Shares																	474,808
Stock issued during the period conversion									2,023,739
Extinguishment of the note payable									$ 999,106
Aggregate purchase price of common stock				$ 100,000,000
Intrinsic value of options outstanding and exercisable																	$ 0
Number of option purchase																106,120		106,120
Option description														The options have a five-year term with an exercise price of $2.04, vesting 50% on the date of grant and 25% on each 6 months anniversary of the date of grant
Number of options term														5 years
Exercise price														$ 2.04
Expected term														2 years 8 months 8 days
Volatility rate														39.46%
Cash award																$ 141,300,000		$ 141,300,000
Stock-based compensation expense																	$ 160,786,028	1,178,609	933,682
Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Intrinsic value of options outstanding and exercisable																	$ 2,549,588
At The Market Offering [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Offering costs																		9,405,129	10,442
Net proceeds																		307,064,401	$ 255,893
Proceeds from public offering																		$ 77,100,000
Issuance of common stock, net of offering costs/At-the-market offering, Shares																6,632,712		54,301,698	172,126
New Restricted Stock Units [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock option granted										1,587,500
Restricted stock option price										$ 0.43
Restricted Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock option granted																	0	0
Unvested Stock Option [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock-based compensation expense																	$ 0
Placement Agent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Debt issuance costs						$ 50,000
S9 Miners [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, issued during the period, value											$ 612,938
Issuance of common stock, net of offering costs/At-the-market offering, Shares											350,250
Consultant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, issued during the period, value													$ 259,500
Issuance of common stock, net of offering costs/At-the-market offering, Shares													150,000
8 Employees and Consultants [Members]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of option purchase														275,000
Directors and Officers [Member] \| Restricted Stock Units (RSUs) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock option granted										1,158,138
Restricted stock option price										$ 0.43
Merrick Okamoto [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cash award										$ 105,000
David Lieberman [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cash award										$ 54,000
At the Market Offering Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, par value															$ 0.0001
At the Market Offering Agreement [Member] \| Maximum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Legal fees															$ 25,000
Sale of stock expiration date															Jul. 19, 2022
Underwriting Agreement [Member] \| H.C. Wainwright [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Sale of stock								7,666,666
Stock option granted								999,999
Shares issued price								$ 0.90
Gross proceeds								$ 6,900,000
Offering costs								600,000
Net proceeds								$ 6,300,000
Warrant to purchase common stock								536,667
Warrant term								5 years
Warrant excerise price								$ 1.125
2020 ATM [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, par value			$ 0.0001				$ 0.0001
Offering costs																		$ 9,400,000	$ 10,000.00
Net proceeds																		$ 307,100,000	$ 300,000
Issuance of common stock, net of offering costs/At-the-market offering, Shares																		54,301,698	172,126
2020 ATM [Member] \| Maximum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, issued during the period, value			$ 200,000,000				$ 100,000,000
Securities Purchase Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Sale of stock	12,500,000											12,500,000
Shares issued price												$ 20.00
Securities Purchase Agreement [Member] \| Maximum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrant outstanding						324,375
Purchase Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Proceeds from public offering																	$ 250,000,000
Engagement Letter Agreement [Member] \| Placement Agent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrant excerise price						$ 25.00
Debt issuance cost percentage						5.00%
Warrant purchase percentage						125.00%
Number of warrant purchase, shares						375,000
Clearance fees						$ 12,900
Engagement Letter Agreement [Member] \| Maximum [Member] \| Placement Agent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Legal fees						$ 7,500
Warrant purchase percentage						3.00%
Power Purchase Agreement and Data Facility Services Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued price					$ 1.87
Common stock, issued during the period, value					$ 0
Proceeds from public offering					$ 0
Issuance of common stock, net of offering costs/At-the-market offering, Shares					6,000,000
Common stock term					5 years
Aggregate purchase price of common stock					$ 11,220,000