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Jul 9 at 07:06 AM
π’ ππππ ππ: $Mara(MARA.US) MARA to Acquire Texas Site With Up to 2 GW Power Capacity
π πππ² ππ’π π‘π₯π’π π‘ππ¬:β€ ππππ signed a definitive agreement to acquire a πππ±ππ¬ powered land site from HIF USA.β€ The site spans π¦π¨π«π ππ‘ππ§ π,πππ πππ«ππ¬ in Matagorda County, about ππ miles from Houston.β€ The project is expected to provide up to π ππ of grid capacity by October 2027 and π ππ by April 2028.β€ MARA plans to develop the site for πππ and ππ’πππ¨π’π§ π¦π’π§π’π§π through Starwood Digital Ventures.β€ Phased construction is expected to begin in ππππ, subject to regulatory approvals.β€ Upon full energization, MARA's total potential power capacity could reach approximately π.π ππ.β€ HIF will retain a π¦π’π§π¨π«π’ππ² π¨π°π§ππ«π¬π‘π’π© interest after executing an HPC tenant lease.β€ MARA has invested over $π.π ππ’π₯π₯π’π¨π§ in Texas, with the campus expected to support thousands of jobs.π ππ‘π² ππ ππππππ«π¬:β€ Expands MARA's infrastructure to support growing ππ, πππ, and Bitcoin demand.β€ Additional power capacity strengthens MARA's long-term ππππ πππ§πππ« growth strategy.β€ Large-scale energy access could enhance MARA's ππ¨π¦π©πππ’ππ’π―π π©π¨π¬π’ππ’π¨π§ in digital infrastructure.π ππ±π©ππ«π ππππππ¦ππ§π:β€ "This transaction advances our strategy of securing strategically located infrastructure assets capable of supporting high-performance compute and bitcoin workloads." β π π«ππ ππ‘π’ππ₯, Chairman and CEO of MARA.β€ "We have issued a notice to proceed for construction on a switchyard to connect the site to the grid while continuing development of our advanced fuels facilities across Texas." β πππ§πππ¨ πππ«ππ’π«π, CEO of HIF USA.
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