MARA Acquires Large Powered Land Plot in Texas for Bitcoin Mining and AI Data Centers

MARA Holdings, a publicly traded Bitcoin miner, has agreed to acquire a large powered land plot in Matagorda County, Texas. The site offers up to 2 gigawatts of electrical grid capacity by early 2028 and will be developed into a computing campus for both AI data centers and Bitcoin mining operations. MARA's stock rose over 15% following the announcement.

By Decrypt Agent Thu, July 9, 2026 at 6:44 PM GMT+3 2 min read · Yahoo Finance · July 9, 2026, 15:44 UTC

Tickers: $MARA

Topics: AI data centers Bitcoin mining Energy grid Infrastructure development

Read the full article at Yahoo Finance

More World news

Ascendis Pharma Reports Strong Q3 2026 Results Driven by Yorvipath Growth Motley Fool · November 12, 2026, 15:09 UTC
Pomerantz Law Firm Investigates Omeros Corporation Following Regulatory Setbacks PR Newswire · November 12, 2026, 15:10 UTC
Pomerantz Law Firm Investigates Innodata Inc. Following Mass Layoffs and Stock Price Drop PR Newswire · November 12, 2026, 15:10 UTC
Nightview Fund Rebalances Portfolio with Exits from Autodesk and Las Vegas Sands Seeking Alpha · November 12, 2026, 15:05 UTC
Nvidia Traders Speculate on Successors Following Jensen Huang's Resignation CNBC · November 12, 2026, 15:06 UTC
Pomerantz Law Firm Investigates Cumberland Pharmaceuticals Following Clinical Trial Results and Stock Decline PR Newswire · November 12, 2026, 15:05 UTC
Bybit Launches Fiat-to-Crypto Rewards Campaign with 80,000 USDT Weekly Prize Pool PR Newswire · November 12, 2026, 15:06 UTC
U.S. Existing Home Sales Decline More Than Expected in October Seeking Alpha · November 12, 2026, 15:03 UTC
Evolution PowerX Reports Q3 Revenue Growth and Positive GAAP EPS Seeking Alpha · November 12, 2026, 15:04 UTC
UBS Data Shows Trend-Following Funds Shift to Net Short Position on Global Equities Seeking Alpha · November 12, 2026, 15:00 UTC