MARA to Acquire Long Ridge Energy for $1.5 Billion
Marathon Digital Holdings (MARA) has agreed to acquire Long Ridge Energy & Power from FTAI Infrastructure for approximately $1.5 billion, including assumed debt and a bridge loan supported by Barclays. The acquisition is expected to close in the second half of 2026 after regulatory approvals are obtained.
Topics: AI Infrastructure Bitcoin Mining Data Centers Energy Infrastructure M&A