Construction expected to start this year in partnership with Starwood
Company formerly known as Mawson expands beyond PJM into Texas
MARA Holdings will pay HIF up to $600M for a Texas site with 2GW of power, converting a planned e-fuels plant into Bitcoin mining and AI infrastructure.
MARA Holdings has agreed to acquire a large powered land site in Texas, giving it access to up to 2 GW of power capacity by 2028.
MARA Holdings has agreed to purchase a sizable plot of land in Texas to power its Bitcoin mining and growing AI compute ambitions.
MARA shares rose about 15% after the Bitcoin miner announced plans to acquire a Texas site with up to 2 GW of power for AI computing and Bitcoin mining.
Marathon Digital plans to acquire 1,200 acres in Texas for a 1GW data center, targeting 2GW by 2028 as it builds out its Bitcoin mining infrastructure
MARA Holdings shares are trading higher Thursday after a definitive deal to acquire a powered land site in Texas from HIF USA.
The deal isn't an upfront purchase, but is structured instead as up to $600 million in milestone-based payments
MARA Holdings shares are trading higher Friday after a deal to acquire a large-scale powered land site in Texas from HIF USA.