BUZZ-Crypto miner MARA partners with Starwood for AI data centers, shares rise

Reuters
2026.02.27 14:02
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Crypto miner MARA Holdings has partnered with Starwood Capital and Starwood Digital Ventures to upgrade select sites into modern data centers, leading to a 12.5% rise in shares to $9.51 premarket. The partnership aims to develop approximately 1 GW of IT capacity. However, MARA reported a wider Q4 net loss of $4.52 per share, compared to a loss of $1.24 per share last year, amid falling bitcoin prices. Year-to-date, MARA shares are down 5.9% and have fallen 46.4% in 2025.