Acquisition of Long Ridge Energy & Power
Company: Marathon Digital
The claim, verbatim
MARA entered into a definitive agreement to acquire Long Ridge Energy & Power LLC for approximately $1.5 billion including assumption of at least $785 million of debt
Source (primary)
MARA Advances Its Optimized Digital Infrastructure Strategy with Agreement to Acquire Long Ridge Energy & Power - MARA Holdings (-, news_article)
View cached copy (2026-09-10)Live source ↗Archive.org ↗
Quote: “entered into a definitive agreement to acquire Long Ridge Energy & Power LLC ("Long Ridge Energy") from FTAI Infrastructure Inc. (NASDAQ: FIP) ("FTAI Infrastructure") for a total transaction value of approximately $1.5 billion (including the assumption of certain debt)”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document states the definitive agreement, the ~$1.5 billion value, and the assumption of at least $785 million of debt.
Confirmed in the source:
- MARA entered into a definitive agreement to acquire Long Ridge Energy & Power LLC
- The total transaction value is approximately $1.5 billion
- The transaction includes assumption of at least $785 million of debt
What we did: Read our cached copy of the publisher (https://www.mara.com/posts/mara-agreement-to-acquire-long-ridge-energy-power) in full (17,741 characters, retrieved September 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA Advances Its Optimized Digital Infrastructure Strategy with Agreement to Acquire Long Ridge Energy & Power - MARA Holdings
Quote: “entered into a definitive agreement to acquire Long Ridge Energy & Power LLC ("Long Ridge Energy") from FTAI Infrastructure Inc. (NASDAQ: FIP) ("FTAI Infrastructure") for a total transaction value of approximately $1.5 billion (including the assumption of certain debt)”