Bitcoin (BTC) miner Marathon Digital has disclosed that it obtained one other subpoena from the USA Securities and Change Fee regarding its 100-megawatt information heart in Hardin, Montana.

In keeping with Marathon’s quarterly report filed Could 10, it obtained the subpoena on April 10 “regarding, amongst different issues, transactions with associated events” that occurred whereas it was creating the power in Montana, including:

“We perceive that the SEC could also be investigating whether or not or not there might have been any violations of the federal securities legislation. We’re cooperating with the SEC.”

The subpoena is the second one received by Marathon concerning the power. It additionally obtained one late within the third quarter of 2021 during which the SEC ordered the agency to supply a lot of associated paperwork and communications.

A Marathon spokesperson declined to offer any extra feedback.

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On Could 9, Marathon introduced that it had partnered with digital property infrastructure firm Zero Two to create a large-scale immersion Bitcoin mining facility in Abu Dhabi.

The power would encompass two mining mines with a mixed 250-megawatt capability, and Marathon famous that whereas mining in Abu Dhabi would usually be infeasible, its “custom-built immersion resolution” can be ample to make sure the mining rigs remained cool.

The announcement got here simply two months after the Biden administration proposed a new tax for crypto miners working within the U.S., which might require them to pay a tax equal to 30% of the price of any electrical energy used whereas mining for crypto.

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