SEC is targeting Bitcoin Miner Marathon in the latest action against industry

Das Bitcoin-Mining-Unternehmen Marathon Digital Holdings hat eine weitere Vorladung von der SEC erhalten. Die Vorladung bezieht sich auf sein Rechenzentrum in Montana, das nach Angaben der Aufsichtsbehörde möglicherweise gegen Wertpapiergesetze verstoßen hat. Das Unternehmen sagte, es kooperiere mit der SEC, nachdem am 10. April eine erste Vorladung im Zusammenhang mit „Transaktionen mit verbundenen Parteien“ eingegangen sei. „Wir verstehen, dass die SEC möglicherweise untersucht, ob es möglicherweise Verstöße gegen das Bundeswertpapiergesetz gegeben hat“, heißt es darin. Auch Marathon Digital wurde im September 2021 wegen Dokumenten im Zusammenhang mit seinem Rechenzentrum in Hardin, Montana, vorgeladen. Laut Bloomberg gab das Unternehmen zu, nach …
The Bitcoin mining company Marathon Digital Holdings has received another summons from the SEC. The summons refer to his data center in Montana, which, according to the supervisory authority, may have violated securities laws. The company said it was cooperating with the SEC after a first summons in connection with "transactions with connected parties" had been received on April 10. "We understand that the SEC may be investigating whether there may be violations of the Federal Working Act," it says. Marathon Digital was also charged in September 2021 for documents in connection with his data center in Hardin, Montana. According to Bloomberg, the company admitted to ...
Krypto News Österreich
Aktualisiert:
Artikel als PDF
Kommentare
Diesen Artikel teilen:
Facebook X Whatsapp Email

The Bitcoin mining company Marathon Digital Holdings has received another summons from the SEC. The summons refer to his data center in Montana, which, according to the supervisory authority, may have violated securities laws.

The company said it cooperated with the SEC after a first summons in connection with "transactions with connected parties" had been received on April 10th.

"We understand that the SEC may be investigating whether there may be violations of the Federal Working Act," it says.

Marathon Digital was also charged in September 2021 for documents in connection with his data center in Hardin, Montana.

According to Bloomberg, the company admitted that after examination by the SEC "accounting errors" in the financial reports.

The financial supervision does not leave anything in her relentless attack on the crypto industry. However, it is unclear how a Bitcoin mining company can violate securities laws.

marathon reports net loss of $ 7 million

On May 10, Marathon reported a net loss of $ 7.2 million or $ 0.05 per share in the first business quarter of 2023. This is less than the net loss of $ 12.9 million in the first quarter of 2022.

sales were $ 51.1 million in the quarter and was therefore slightly below the previous year's sales of $ 51.7 million. In addition, an increase in Bitcoin production was more than balanced by lower BTC prices in the current year.

Fred Thiel, Chairman and CEO of Marathon, said:

"After we have survived a turbulent year 2022 that put the resistance of our entire industry to the test, this year has a good start because we increased our hash rate, reduced our mining costs and improved our balance sheet in the first quarter."

The company's shares (Mara) rose by 9 % on this day and reached $ 10.15 in post -market trade. The Marathon share prices have increased by almost 200 % this year and thus exceeded the Bitcoin and cryptom markets.

mining sales peaks

The profitability or the HASH price of the Bitcoin miner has increased this month because the BRC 20-Memecoin and Ordinal craze drives the network transactions and fees.

The hash price, which is measured in dollars per terahash per second and day, rose to the highest level for almost a year on May 9th.

The step fell together with a maximum of the daily BTC transactions of over 580,000 and an increase in average fees to over $ 20.

.

Krypto News Österreich
Aktualisiert:
Artikel als PDF
Kommentare
Diesen Artikel teilen:
Facebook X Whatsapp Email
Das Bitcoin-Mining-Unternehmen Marathon Digital Holdings hat eine weitere Vorladung von der SEC erhalten. Die Vorladung bezieht sich auf sein Rechenzentrum in Montana, das nach Angaben der Aufsichtsbehörde möglicherweise gegen Wertpapiergesetze verstoßen hat. Das Unternehmen sagte, es kooperiere mit der SEC, nachdem am 10. April eine erste Vorladung im Zusammenhang mit „Transaktionen mit verbundenen Parteien“ eingegangen sei. „Wir verstehen, dass die SEC möglicherweise untersucht, ob es möglicherweise Verstöße gegen das Bundeswertpapiergesetz gegeben hat“, heißt es darin. Auch Marathon Digital wurde im September 2021 wegen Dokumenten im Zusammenhang mit seinem Rechenzentrum in Hardin, Montana, vorgeladen. Laut Bloomberg gab das Unternehmen zu, nach …
The Bitcoin mining company Marathon Digital Holdings has received another summons from the SEC. The summons refer to his data center in Montana, which, according to the supervisory authority, may have violated securities laws. The company said it was cooperating with the SEC after a first summons in connection with "transactions with connected parties" had been received on April 10. "We understand that the SEC may be investigating whether there may be violations of the Federal Working Act," it says. Marathon Digital was also charged in September 2021 for documents in connection with his data center in Hardin, Montana. According to Bloomberg, the company admitted to ...

Kommentare (0)