---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-26-002607"
form_type: "8-K"
ticker: "MARA"
cik: "0001507605"
company_name: "MARA Holdings, Inc."
filed_at: "2026-09-25T20:30:16+00:00"
generated_at: "2026-10-12T13:24:01.035738+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# MARA unit posts $100M security deposit, amends $600M Texas data center purchase agreement

## Summary
- MARA subsidiary Volt Texas LLC posted a $100.0 million security deposit with the Electric Utility Company for 2,000 MW of power capacity at the Texas Site.
- First Amendment revises milestone payments; aggregate purchase price remains $600 million if all milestones are achieved.
- Original agreement dated July 2, 2026 with HIF USA LLC; Project Company MAT 1177 LLC became an indirect subsidiary of MARA.
- Amendment replaces return/reconveyance provisions with a third-party sale process and Seller right of first offer on certain Audit trigger events.
- Texas regulatory audit and Buyer election after interconnection study now gate two installment payments tied to regulatory approvals.

## SEC filing metadata
- accession: 0000950142-26-002607
- form_type: 8-K
- ticker: MARA
- cik: 0001507605
- company_name: MARA Holdings, Inc.
- filed_at: 2026-09-25T20:30:16+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1507605/000095014226002607/0000950142-26-002607-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1507605/000095014226002607/eh260835247_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-26-002607
- JSON: https://secwatch.observer/filing/0000950142-26-002607.json
- Plain text: https://secwatch.observer/filing/0000950142-26-002607.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.