MARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center push
The deal includes a 505 MW gas plant and 1,600 acres in Ohio, offering over 1 GW power capacity for future AI and IT buildout.
The acquisition is likely to bolster MARA Holdings' position in the AI and data center market, potentially driving investor interest and increasing stock prices. Overall, the market sentiment may lean bullish as this strategic move aligns with growing demand for AI infrastructure.
The deal includes a 505 MW gas plant and 1,600 acres in Ohio, offering over 1 GW power capacity for future AI and IT buildout.
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