MARA Shares Jump 13% After 2 GW Texas Power Deal for AI and Bitcoin Growth
The post MARA Shares Jump 13% After 2 GW Texas Power Deal for AI and Bitcoin Growth appeared on BitcoinEthereumNews.com. Key Takeaways MARA will acquire a Texas site with up to 2 GW of power capacity by 2028 for HPC and mining. MARA shares rose over 13% as the deal expanded its digital infrastructure strategy. Construction starts in 2026, with Starwood Digital Ventures targeting AI and bitcoin workloads. MARA to Acquire 1,200-Acre Texas Campus With 2 GW Capacity MARA Holdings is expanding its digital infrastructure footprint with a deal to acquire a large powered land site in Matagorda County, Texas, about 90 miles southwest of Houston. The company said the site spans more than 1,200 acres and is expected to provide access to an initial 1 GW of grid capacity by October 2027. Capacity could rise to 2 GW by April 2028. MARA plans to develop the property through its partnership with Starwood Digital Ventures into a large-scale campus supporting high-performance computing, flexible compute