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Matagorda County Texas powered land acquisition

Company: Marathon Digital

Subject kind
acquisition
Statement date
2026-07-15
Promised amount
600.0 USD
Current status
stated

The claim, verbatim

MARA acquired a 1,200-acre site in Matagorda County, Texas for a maximum milestone-based price of $600 million with potential for 2 GW capacity.

Source (primary)

JPMorgan downgrades MARA to Underweight, cuts price target to $11 - Yahoo Finance (-, news_article)
View cached copy (2026-09-18)Live source ↗

Quote: “In July, it acquired a 1,200-acre site in Matagorda County, Texas , tied to as much as 2 GW for a maximum milestone-based price of $600 million.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms JPMorgan downgrades MARA to Underweight, cuts price target to $11 - Yahoo Finance

Quote: “In July, it acquired a 1,200-acre site in Matagorda County, Texas , tied to as much as 2 GW for a maximum milestone-based price of $600 million.”

View cached copy (2026-09-18)Live source ↗