Wu Shuo learned that Bitcoin mining company MARA Holdings (NASDAQ code: MARA) announced a final agreement with HIF USA to acquire a large energy site in Matagorda County, Texas. The base covers more than 1,200 acres and is expected to provide an initial grid capacity of 1 GW by October 2027, increasing to 2 GW by April 2028. MARA plans to develop it into a large-scale digital infrastructure park supporting high-performance computing (HPC) and Bitcoin mining through its collaboration with Starwood Digital Ventures. After the transaction is completed, if the previously planned Long Ridge Energy & Power project is included, MARA’s potential total power capacity would double to about 4.8 GW. Previously, MARA had invested more than $1.2 billion in Texas.

BTC1.39%
MARA10.86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned