0001493152-22-023527.txt : 20220819 0001493152-22-023527.hdr.sgml : 20220819 20220819091546 ACCESSION NUMBER: 0001493152-22-023527 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220819 DATE AS OF CHANGE: 20220819 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MARATHON DIGITAL HOLDINGS, INC. CENTRAL INDEX KEY: 0001507605 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 010949984 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-87079 FILM NUMBER: 221179144 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OKAMOTO MERRICK D CENTRAL INDEX KEY: 0001500893 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 1180 NORTH TOWN CENTER DRIVE STREET 2: SUITE 100, CITY: LAS VEGAS STATE: NV ZIP: 89144 SC 13G 1 formsc-13g.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. ________)*

 

Marathon Digital Holdings, Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

565788106

(CUSIP Number)

 

Merrick D. Okamoto

4004 Quail Run

Flower Mound, TX 75022

Phone: 800-804-1690

 

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

 

August 9, 2022

(Date of Event which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

CUSIP No. 56578810613GPage 2 of 5 Pages

 

  

1.  

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Merrick D. Okamoto

 

2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a) ☐

(b) ☐

3.  

SEC USE ONLY

 

4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S.

 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   5.  

SOLE VOTING POWER

4,964,604

 

  6.  

SHARED VOTING POWER

 

 

  7.  

SOLE DISPOSITIVE POWER

4,964,604

 

  8.  

SHARED DISPOSITIVE POWER

 

 

9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,964,604

 

10.  

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

(see instructions) ☐

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

4.25%

 

12.  

TYPE OF REPORTING PERSON (see instructions)

IN

 

 

 

CUSIP No. 56578810613GPage 3 of 5 Pages

 

 

Item 1.

 

  (a) Name of Issuer Marathon Digital Holdings, Inc.
     
  (b)

Address of Issuer’s Principal Executive Offices 1180 North Town Center Drive Suite 100

Las Vegas, NV 89144

     

Item 2.

 

  (a) Name of Person Filing Merrick D. Okamoto
     
  (b) Address of the Principal Office or, if none, residence 4004 Quail Run, Flower Mount, TX 75022
     
  (c) Citizenship U.S.
     
  (d) Title of Class of Securities Common Stock
     
  (e) CUSIP Number 565788106

 

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

  (a) ☐ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
       
  (b) ☐ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
       
  (c) ☐ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
       
  (d) ☐ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
  (e) ☐ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
  (f) ☐ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
  (g) ☐ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
  (h) ☐ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
  (i) ☐ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
       
  (j) ☐ Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

Item 4. Ownership.

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a)   Amount beneficially owned: 4,964,604
         
  (b)   Percent of class: 4.25%
         
  (c)   Number of shares as to which the person has:
         
      (i) Sole power to vote or to direct the vote . 4,964,604
         
      (ii) Shared power to vote or to direct the vote. 0
         
      (iii) Sole power to dispose or to direct the disposition of . 4,964,604
         
      (iv) Shared power to dispose or to direct the disposition of . 0
         

Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

 

Item 5. Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.

 

Instruction. Dissolution of a group requires a response to this item.

 

 

CUSIP No. 56578810613GPage 4 of 5 Pages

 

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

 

N/A.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

 

N/A.

 

Item 8. Identification and Classification of Members of the Group.

 

N/A.

 

Item 9. Notice of Dissolution of Group.

 

N/A.

 

Item 10. Certification.

 

  (a) The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):
     
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
     
  (b) The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
     
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

CUSIP No. 56578810613GPage 5 of 5 Pages

 

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

8/19/2022

Date

   
 

/s/ Merrick D. Okamoto

Signature

   
 

Merrick D. Okamoto

Name/Title