MARA Stock Pops as Bitcoin Miner Agrees to Acquire Massive Powered Texas Land Plot
The post MARA Stock Pops as Bitcoin Miner Agrees to Acquire Massive Powered Texas Land Plot appeared on BitcoinEthereumNews.com. In brief MARA Holdings is acquiring a 1,200+ acre powered site in Matagorda County, Texas from HIF USA, gaining access to up to 2 GW of grid capacity by April 2028. The site will become a computing campus for AI/HPC workloads and Bitcoin mining; HIF keeps a minority stake and continues its fuel projects elsewhere. MARA shares spiked Thursday following the announcement, now up more than 50% so far in 2026. MARA Holdings, the publicly traded Bitcoin-mining giant, is deepening its bet that America’s power grid—not the cryptocurrency itself—is the real asset worth owning. And its stock is flying Thursday following the announcement. The Miami-based company announced Thursday that it has struck a deal with HIF USA, a synthetic-fuels developer, to acquire a sprawling piece of land in Matagorda County, Texas, about 90 miles southwest of Houston. The site, spanning mo