secwatch.observer — SEC 8-K summary
======================================

Issuer:     MARA Holdings, Inc. (MARA)
CIK:        0001507605
Form:       8-K
Filed at:   2024-04-04T23:59:59+00:00
Accession:  0001493152-24-013186
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marathon Digital closes acquisition of 200-MW Bitcoin mining data center in Texas
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507605/000149315224013186/0001493152-24-013186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507605/000149315224013186/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-013186

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