secwatch.observer — SEC 8-K summary
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Issuer:     MARA Holdings, Inc. (MARA)
CIK:        0001507605
Form:       8-K
Filed at:   2026-06-25T20:42:50+00:00
Accession:  0000950142-26-001875
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MARA to acquire Long Ridge Energy & Power for ~$1.5B, expanding into HPC and digital infrastructure
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- Acquisition of 100% of Long Ridge Energy & Power LLC for ~$1.5 billion base purchase price, subject to adjustments.
- Sellers are Ohio River Partners Holdco LLC and FTAI Infrastructure Inc.; closing subject to regulatory approvals.
- Transaction positions MARA to develop the Hannibal, Ohio campus for hyperscale/AI and Bitcoin mining workloads.
- MARA expects the acquisition to be accretive to profitability and advance its digital energy infrastructure strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507605/000095014226001875/0000950142-26-001875-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507605/000095014226001875/eh260796591_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-26-001875

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer