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Marathon Digital Receives New SEC Subpoena Regarding Montana Facility Investigation

Marathon Digital, a bitcoin mining company based in the United States, has announced that it has received a new subpoena from the Securities and Exchange Commission (SEC) regarding an ongoing investigation into a facility in Montana. According to the company's May 10 filing, the SEC is investigating whether there have been any violations of federal securities law. Marathon has stated that it is cooperating with the agency. The latest subpoena was received on April 10, and Marathon's stock closed at $10.22, up about 9% on the day.

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