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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)
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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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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.”

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