MARA Acquires Texas Land Site for $600 Million to Expand Bitcoin Mining Capacity
Marathon Digital (NASDAQ: MARA) acquired a power-backed land site in Matagorda County, Texas, which is expected to significantly expand its mining capacity. The acquisition could increase the company's total portfolio power capacity by over double and includes potential support for AI/HPC workloads.
Tickers: $MARA
Topics: Bitcoin Mining Digital Infrastructure Mergers & Acquisitions Texas Energy