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MARA Holdings faces a lawsuit from François Garcin and three affiliate entities over allegedly unpaid fees tied to MARA's February 2026 acquisition of a controlling 64% stake in Exaion, the…
MARA Holdings (NasdaqCM:MARA) acquired more than 1,200 acres of powered land in Texas, expanding its data center footprint. The company aims to support up to 2 GW of grid capacity on the site by 2028. The move marks a shift toward artificial intelligence and high-performance computing infrastructure, beyond Bitcoin mining. MARA is working with partners including HIF USA and Starwood Digital Ventures on this expansion. MARA Holdings, known primarily for its Bitcoin mining operations, is now...
MARA said the Matagorda County acquisition would more than double its potential power capacity to approximately 4.8 GW across its portfolio.
The project is expected to increase MARA's total power capacity to about 4.8 GW upon full energization, including the pending Long Ridge acquisition.
MARA launched a consent solicitation for $600 million in Long Ridge Energy senior secured notes, asking holders to approve amendments so its pending purchase does not trigger a change-of-control clause.
On May 5, 2026, investors weighed an acquisition to expand Iren's AI cloud infrastructure to enhance the deployment and management of containerized enterprise solutions.
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