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lenamphoto🚀✅
lenamphoto🚀✅
MARA HOLDINGS TO ACQUIRE LONG RIDGE POWER PLANT FOR $1.5B IN MASSIVE AI & ENERGY PIVOT ⚡🤖📈 The $1.5B Acquisition: MARA Holdings has announced a definitive agreement to acquire Long Ridge Energy & Power from FTAI Infrastructure for $1.5 billion, including the assumption of approximately $785 million in debt. Strategic Power Assets: Long Ridge operates a 505 MW gas-fired combined-cycle power plant in Ohio, U.S., sitting on over 1,600 acres of industrial land. This provides MARA with a dedicated, massive energy source for its operations. Betting on AI Infrastructure: MARA plans to develop a large-scale data center campus powered directly by the plant. This facility will support Artificial Intelligence (AI) workloads and high-performance computing, marking a major expansion beyond Bitcoin mining. Vertical Integration: The deal represents a fundamental shift for MARA, transitioning from a pure-play crypto miner into a vertically integrated digital infrastructure and energy company. Timeline: The transaction is expected to close in late 2026, pending regulatory approvals from the Federal Energy Regulatory Commission (FERC) and other bodies. By owning the generation itself, MARA is securing the "fuel" for the next decade of compute. As energy becomes the ultimate bottleneck for AI, MARA’s move into owned power generation sets it apart as a key player in the high-density infrastructure race! 🔋🚀🌐 $BTC $QQQ $SPY #DailyOrbit #WallStreetsFifthGiant

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