MARA plans to acquire Long Ridge, a natural-gas power facility authorized to supply 485 megawatts of electricity, with capacity potentially increasing to 505 megawatts in 2027.
Its subsidiary Exaion secured a four-year, USD 79 million GPU computing contract. Management also identified a pipeline exceeding USD 3 billion, although much remains uncontracted.
The company holds development rights at a Texas location with potential capacity reaching two gigawatts. The completion of two targeted data-center leases could be delayed until 2027. Meanwhile, MARA has authorized up to USD 500 million in share repurchases.
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