SEC Investigation and Subpoena
Company: Marathon Digital
The claim, verbatim
During Q3 2021, Company and certain executives received SEC subpoena for documents and communications concerning Hardin, Montana data center facility; Company cooperating with SEC investigation regarding potential federal securities law violations
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “During the quarter ended September 30, 2021, the Company and certain of its executives received a subpoena from the SEC...We understand that the SEC may be investigating whether or not there may have been any violations of the federal securities law. We are cooperating with the SEC”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document establishes the subpoena, subject matter, potential investigation, and cooperation as stated.
Confirmed in the source:
- During Q3 2021 the Company and certain executives received an SEC subpoena for documents concerning the Hardin, Montana data center
- The Company understands the SEC may be investigating potential federal securities law violations
- The Company is cooperating with the SEC
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315222006446/form10-k.htm) in full (385,382 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 10-K filed 2022-03-10
Quote: “During the quarter ended September 30, 2021, the Company and certain of its executives received a subpoena from the SEC...We understand that the SEC may be investigating whether or not there may have been any violations of the federal securities law. We are cooperating with the SEC”