MARA will acquire Long Ridge Energy for $1.5B, adding a 505 MW power plant and data center site as Bitcoin miners expand into ...
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MARA stock jumps on $1.5 billion Long Ridge deal in latest shift beyond bitcoin mining
MARA announced a $1.5 billion acquisition of Long Ridge Energy & Power on Thursday. ・The company said the new assets are expected to generate approximately $144 million in annualized adjusted EBITDA.
Shares jump more than 10% as investors react to the company’s announcement.
MARA Holdings invests $1.5 billion in Ohio power plant acquisition, expanding AI infrastructure and crypto mining ...
MARA (NASDAQ: $MARA) has agreed to acquire Long Ridge Energy & Power from FTAI Infrastructure in a deal valued ...
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MARA Holdings told Reuters on Thursday it will buy Long Ridge Energy & Power from FTAI Infrastructure for $1.5 billion including debt, a major step in the bitcoin miner's push to reposition as a ...
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