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MARA signs agreement to acquire a large energy site in Texas, spanning over 1,200 acres.

WuSaidBlockchainW
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Wu learned that Bitcoin mining company MARA Holdings (Nasdaq: MARA) has announced a definitive agreement with HIF USA to acquire a large energy site in Matagorda County, Texas. The site spans over 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 campus supporting high-performance computing (HPC) and Bitcoin mining, in partnership with Starwood Digital Ventures. Upon completion of the transaction, including the previously proposed acquisition of the Long Ridge Energy & Power project, MARA’s potential total power capacity will double to approximately 4.8 GW. MARA has previously invested over $1.2 billion in Texas.
MARA9.90%
BTC1.59%
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PuppyLooksAtTvl
· 8h ago
The people of Matagorda County probably never expected that servers would be growing under their own land.
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GateUser-e4351615
· 10h ago
Putting $1.2 billion into it, if that Long Ridge deal is also secured, MARA will directly transform into an energy giant.
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Post-RainReflectionsMarket
· 10h ago
Texas is quickly becoming a mining paradise, and MARA is building a mining empire.
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Miner'sOldKeyboard
· 10h ago
From 1 GW to 2 GW to 4.8 GW – this expansion rate is even more exhilarating than the coin price.
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Don'tMessWithSlippage.
· 10h ago
Production won't start until October 2027, which is a distant promise, but locking in energy land ahead of time is indeed smart.
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ByteSizedAlpha
· 10h ago
Partnering with Starwood on high-performance computing seems like a dual-strategy approach: after mining is exhausted, can it still pivot to AI computing power?
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