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MARA Ties Pending Energy Deal to AI and High-Performance Computing Plans

The pending Long Ridge Energy & Power acquisition is intended to support the expansion with additional generation and acreage.

Updated 1 min read
The Long Ridge power station stands beside open acreage in Hannibal, Ohio / EconoTimes.ai
The Long Ridge power station stands beside open acreage in Hannibal, Ohio / EconoTimes.ai

MARA Holdings is developing infrastructure projects alongside Bitcoin (BTC) mining, with a pending energy acquisition intended to support its artificial intelligence and high-performance computing plans.

The proposed leases would support an infrastructure business the company is developing while it continues mining Bitcoin.

MARA Holdings said: “Our priority now is to convert those advantages into signed customer agreements, completed projects, and durable free cash flow.”

MARA has also pursued energy assets to support its artificial intelligence and high-performance computing plans.

Additional generation and acreage from the pending Long Ridge Energy & Power acquisition are intended to support that expansion.

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