Acquisition of 1,200-acre Matagorda County, Texas powered site
Company: Marathon Digital
The claim, verbatim
MARA Holdings has agreed to acquire a 1,200-acre powered site in Matagorda County, Texas for up to $600 million, with payments tied to development milestones including regulatory approvals, land acquisition completion, grid power authorization, and data center lease signing.
Source (primary)
MARA Holdings To Acquire 1,200-Acre Texas Site in $600M Deal - CoinMarketCap (-, news_article)
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Quote: “MARA Holdings has agreed to buy a 1,200-acre powered site in Texas, in a deal worth up to $600M... MARA will pay up to $600 million in installments tied to specific development milestones.”
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Additional evidence
confirms MARA Holdings To Acquire 1,200-Acre Texas Site in $600M Deal - CoinMarketCap
Quote: “MARA Holdings has agreed to buy a 1,200-acre powered site in Texas, in a deal worth up to $600M... MARA will pay up to $600 million in installments tied to specific development milestones.”