MARA Acquires Long Ridge Energy & Power for AI and Bitcoin Mining Expansion
MARA has agreed to acquire Long Ridge Energy & Power for $1.5 billion, adding 505 MW of power generation and 1,600 acres of land in Ohio to its digital infrastructure strategy. The deal is expected to increase MARA's power capacity by 65% and support AI, high-performance computing, and bitcoin mining operations.
Tickers: $MARA
Topics: AI Bitcoin Mining Digital Infrastructure Energy Infrastructure M&A