Marathon Digital Holdings Receives SEC Subpoena Related to 2020 Hardin Data Center Agreement

Marathon Digital Holdings Receives SEC Subpoena Related to 2020 Hardin Data Center Agreement
Marathon Digital Holdings executives received a subpoena from the Securities and Exchange Commission (SEC) to produce documents and communications concerning its Hardin, Mont. data center facility, the company said in a 10Q filing on Monday.The SEC is investigating whether Marathon Digital Holdings has been in violation of federal securities law.Marathon Digital Holdings said it was cooperating with the investigation, without specifying the nature of the possible violations.On Oct. 6, 2020, the bitcoin miner entered into a series of agreements with multiple parties to design and build a data center for up to 100-megawatts in Hardin, a small town in the…