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MARA Shares Skyrocket as 2 GW Texas Mega-Deal Fuels AI and Bitcoin Ambitions

July 9, 202601:26 PM
MARA Shares Skyrocket as 2 GW Texas Mega-Deal Fuels AI and Bitcoin Ambitions

MARA Holdings shares surged 15% following the announcement of a massive infrastructure deal in Texas, aimed at scaling its AI computing and Bitcoin mining operations. By acquiring a strategic site with access to up to 2 GW of power, the company is aggressively pivoting toward becoming a leader in digital infrastructure.

This expansion is set to more than double MARA's total potential power capacity to 4.8 GW, bridging the gap between crypto mining and high-performance computing (HPC). As the demand for AI processing grows, MARA's move to secure massive electrical capacity positions it at the forefront of the next industrial evolution.

The site is expected to provide an initial 1 GW of grid capacity by October 2027, scaling up to 2 GW by April 2028. Upon full energization, the project is expected to more than double the Bitcoin miner's total potential power capacity to roughly 4.8 GW. HIF USA will retain a minority ownership stake if MARA secures a lease with a high-performance computing tenant.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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