secwatch.observer — SEC 8-K summary
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Issuer:     MARA Holdings, Inc. (MARA)
CIK:        0001507605
Form:       8-K
Filed at:   2026-07-09T12:09:02+00:00
Accession:  0000950142-26-002012
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MARA acquires 1,200-acre powered land site in Texas with up to 2 GW capacity for $600M milestone payments
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- Acquired from HIF USA LLC a site in Matagorda County, TX, with access to up to 2 GW of power capacity; closed July 2, 2026.
- Aggregate purchase price up to $600M in milestone payments tied to regulatory approvals, power authorization, and HPC lease.
- Site expected to provide initial 1 GW by Oct 2027 and up to 2 GW by Apr 2028; more than doubles MARA's potential power capacity to ~4.8 GW.
- MARA to develop site with Starwood Digital Ventures for HPC and Bitcoin mining; HIF retains minority interest upon HPC lease.
- MARA has invested over $1.2B in Texas; site expected to support thousands of construction and permanent jobs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507605/000095014226002012/0000950142-26-002012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507605/000095014226002012/eh260804074_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-26-002012

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