MARA Holdings will acquire Long Ridge Energy & Power for about $1.5 billion, gaining a 505-megawatt gas plant and land in Ohio to fuel its pivot from Bitcoin mining to AI infrastructure. The deal ...

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Long Ridge Energy & Power is a US-based energy infrastructure company that develops and operates large-scale, high-efficiency ...

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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.

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 ...

Arthur Hayes sets a $125,000 Bitcoin target, pointing to regulatory changes, wartime spending, and a positive liquidity turn ...

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IREN Likely to Abandon Bitcoin Mining to Go All-In on AI, Says Bernstein. Bernstein analysts have reduced IREN's price target to $100 per share, citing a shift towards AI cloud se ...