M&A
confidence high
sentiment positive
materiality 0.75
Marathon Digital closes acquisition of 200-MW Bitcoin mining data center in Texas
MARA Holdings, Inc.
- Acquired 200-MW Bitcoin mining data center from Applied Digital in Garden City, Texas.
- Expected to reduce cost per coin at site; has additional 100 MW expansion capacity.
- Post-expansion, portfolio hits 1.1 GW capacity, 54% owned, across 11 sites on 3 continents.
- Orders/options for 45 exahash of machines; targets 35-37 exahash this year, 50 exahash next year.