Mara Holdings Locks In Texas Acreage With 2 Gigawatts of Potential Capacity

The Bitcoin mining company recorded a nearly 10 percent stock gain after closing on 1,200 acres that can support both its existing operations and new AI data-center loads.

Mara Holdings completed the purchase of 1,200 acres in Texas that carries access to as much as 2 gigawatts of grid interconnection. The site is intended for a combination of Bitcoin mining and AI compute infrastructure. The transaction was reported one day before the company's shares rose almost 10 percent.

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