MARA Holdings told Reuters on Thursday it will buy Long Ridge Energy & Power from FTAI Infrastructure for $1.5 billion including debt, a major step in the bitcoin miner's push to reposition as a digital infrastructure and energy company.
Establishes Premier Digital Infrastructure Campus with Over 1 GW of Total Potential Capacity, Including 200 MW of Existing MARA Capacity and Line of Sight to up to 600 Gross MW of AI and Critical IT Loads
MARA Holdings (NASDAQ:MARA) stock is up 6% today, rising from $10.47 to $11 and change as investors weigh a sweeping strategic pivot away from pure Bitcoin (CRYPTO:BTC) mining toward AI and data center infrastructure.
MARA Holdings (NASDAQ: MARA) announced that it sold 15,133 Bitcoin (BTC) between March 4 and March 25, 2026, continuing a strategic effort to strengthen its balance sheet.