
MARA Holdings to Acquire Long Ridge Energy for $1.5 Billion, Boosting Power Capacity by 65%
MARA Holdings, Inc.Description
What this story covers
MARA Holdings is acquiring Long Ridge Energy for $1.5 billion, adding a 505 MW power plant. This secures low-cost energy for AI and Bitcoin mining, increasing MARA's total power capacity to 2.2 gigawatts.
Story snapshot
CompanyMARA Holdings, Inc.
TickerMARA
VariantStandard detailed
Duration5:07
Filing type8-K
PeriodN/A
IndustryTechnology
Accession0001193125-26-193982
Sources1
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