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.
And that's the way it is.
Sources
Not financial advice. Crypto Cronkite reports events and explains what they may mean. It never tells you to buy or sell anything. Do your own research.