Bitcoin miner Marathon Digital Holdings has received a subpoena from the US Securities and Exchange Commission (SEC) in relation to the ongoing investigation of the Montana Data Center and potential violations of securities laws.

The company has received another subpoena from the SEC, following the first one in September 2021. Marathon Digital is cooperating with the SEC and restated its annual report after finding accounting errors in financial statements.

As one of the largest publicly-traded crypto mining companies in the US, Marathon Digital holds a large amount of BTC on its balance sheet and has managed to recuperate the loss in its stock price incurred during the crypto winter of 2022.