MARA Acquires Texas Site From HIF in $600M Deal
MARA has acquired a Texas site from HIF in a $600 million deal covering roughly 2 GW of capacity, part of a miner-to-AI pivot. Multiple outlets confirmed the deal, and reporting indicates shares moved around 15%.
MARA has agreed to acquire a Texas site from HIF in a $600 million deal covering roughly 2 GW of capacity, according to The Defiant, Cointelegraph, and Decrypt.
The acquisition is described as part of a miner-to-AI pivot. Reporting indicates the company's shares moved by roughly 15%; the exact figure varies across outlets.
MARA acquired a Texas site from HIF for $600M, covering about 2 GW of capacity.
The deal is confirmed across multiple outlets. The bigger story is miners turning into energy and AI infrastructure companies.
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