Deep Tide TechFlow news, July 09, regulatory filings show that MARA Holdings subsidiary Volt Texas has signed an agreement with HIF USA to acquire a majority stake in MAT 1177 LLC, which holds a Texas data infrastructure campus project, retaining only a minority stake for the seller. The project company has a letter of intent signed with a power utility, planning to supply up to 2,000 MW of electricity for the campus, which will be used to build a large-scale digital infrastructure campus supporting high-performance computing and Bitcoin mining. The transaction consideration is paid in milestones, with the cumulative acquisition amount reaching up to $600 million if all development milestones are completed. The land acquisition, power access, and subsequent data center lease execution will trigger installment payment obligations.