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SEC investigation of Hardin data center facility

Company: Marathon Digital

Subject kind
regulatory
Statement date
2022-03-09
Current status
stated

The claim, verbatim

During Q3 2021 company and certain executives received SEC subpoena for documents and communications regarding Hardin, Montana data center facility; SEC may be investigating potential federal securities law violations; company cooperating with SEC.

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 to produce documents and communications concerning the Hardin, Montana data center facility... 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 subpoena, potential securities-law investigation, and cooperation are all stated in the document.

Confirmed in the source:

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 to produce documents and communications concerning the Hardin, Montana data center facility... 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.”

View cached copy (2026-09-13)Live source ↗