MARA signs deal for 1,200-acre Texas site targeting 1 GW by October 2027 and 2 GW by April 2028
AI Market Summary
MARA's agreement to acquire a 1,200-acre powered Texas site signals a continued pivot by listed Bitcoin miners toward AI/HPC infrastructure, targeting 1GW of grid capacity by Oct 2027 and 2GW by Apr 2028. The announcement drove a sharp MARA share rally and reinforces investor focus on diversification away from pure mining economics, supported by recent sector moves into long-dated AI data-center leasing and energy-backed capacity builds.
Impact level
● Medium
Affected assets
NCSKMARA2USD/USDT+1.00%
AI Insight · NCSKMARA2USD/USDTAI Insight
▲ Bullish
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MARA Holdings said it has signed an agreement to acquire a 1,200-acre powered site in Texas to build a hybrid digital infrastructure campus supporting AI training and Bitcoin mining. The company expects the site to offer access to 1 gigawatt of grid capacity by October 2027, with total available capacity projected to reach 2 gigawatts by April 2028. The transaction follows MARA’s $1.5 billion acquisition of Long Ridge energy assets. MARA shares rose more than 14.6% on the day and were up over 53% year to date, significantly outperforming most listed miners.
