jain.com

Long Ridge Energy acquisition

Company: Marathon Digital

Subject kind
acquisition
Statement date
2026-09-09
Promised amount
1500000000.0 USD
Current status
stated

The claim, verbatim

Marathon Digital has agreed to acquire Long Ridge Energy in a deal valued at approximately $1.5 billion

Source (primary)

MARA Stock Rises Amid Bitcoin Drop, Faces $12 Resistance - KuCoin (-, news_article)
View cached copy (2026-09-10)Live source ↗Archive.org ↗

Quote: “The company has agreed to acquire Long Ridge Energy in a deal valued at approximately $1.5 billio n”

How we checked this

Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.

The article confirms that MARA Holdings agreed to buy Long Ridge Energy for about $1.5 billion. It never uses the name Marathon Digital or says that MARA Holdings is the same company, so the article does not establish the acquirer's name as the claim states it.

Confirmed in the source:

We could not confirm this from the cited source:

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

What we did: Read our cached copy of the publisher (https://www.kucoin.com/news/flash/mara-stock-rises-amid-bitcoin-drop-faces-12-resistance) in full (5,532 characters, retrieved September 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA Stock Rises Amid Bitcoin Drop, Faces $12 Resistance - KuCoin

Quote: “The company has agreed to acquire Long Ridge Energy in a deal valued at approximately $1.5 billio n”

View cached copy (2026-09-10)Live source ↗Archive.org ↗

confirms MARA stock rose as Bitcoin fell, but the $12 test remains - Bitget

Quote: “The company has agreed to acquire Long Ridge Energy in a deal valued at approximately $1.5 billio n.”

View cached copy (2026-09-10)Live source ↗Archive.org ↗

confirms MARA stock rises despite Bitcoin drop, driven b... - Pluang

Quote: “MARA plans to acquire Long Ridge Energy for $1.5 billion to boost capacity for AI and other computing services”

View cached copy (2026-09-10)Live source ↗Archive.org ↗