Bitcoin Miner MARA Acquires 1,200-Acre Texas Site as Shares Jump 12%
The post Bitcoin Miner MARA Acquires 1,200-Acre Texas Site as Shares Jump 12% appeared on BitcoinEthereumNews.com. Bitcoin News Bitcoin miner MARA Holdings has agreed to acquire a 1,200-acre powered land site in Texas, sending its shares more than 12% higher on the day. The Miami-based company, one of the largest publicly traded Bitcoin (BTC) mining operators, said it will develop the property into a large-scale digital infrastructure campus supporting both high-performance computing and mining. The deal marks another step in miners diversifying beyond block rewards toward power-intensive artificial-intelligence workloads. The company’s investor-relations disclosure confirms a definitive agreement with synthetic-fuels developer HIF USA to purchase the parcel, extending a stock rally that has outpaced most crypto-linked equities this year. The site sits in Matagorda County, roughly 90 miles southwest of Houston, and comes with substantial grid access. According to the official filing, t