MARA acquires a 505-megawatt power plant
The $1.5 billion deal includes the Long Ridge Energy plant and gas reserves in Ohio.
See the latest news and media coverage for MARA. We track all announcements, press releases, and industry mentions in real time, all in one place.
Digital energy and compute infrastructure company
mara.comLast updated
In short: MARA pivotally expanded into AI infrastructure and energy through a $1.5 billion acquisition and strategic partnerships, despite missed earnings.
The $1.5 billion deal includes the Long Ridge Energy plant and gas reserves in Ohio.
The expansion with NGON is fully energized and operational as of December 2025, avoiding approximately 315,905 metric tons of CO₂e emissions.
It obtained majority consents, entered a supplemental indenture, and expects transaction closing in H2 2026 subject to regulatory approvals; consent fee is $2.50 per $1,000.
The company reported preliminary unaudited results in a shareholder letter and will host a webcast.
Crypto stocks rise as bitcoin reaches two-week high...
MARA Holdings stays a Strong Buy after the Exaion acquisition, strengthening its EU AI cloud moat. Read here for a detailed investment analysis.
MARA Holdings (NasdaqCM:MARA) has secured key bondholder consents tied to its planned acquisition of...
A month has gone by since the last earnings report for Marathon Digital Holdings, Inc. (MARA)....
Track MARA and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to MARA and other trending companies.