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)
View cached copy (2026-09-18)Live source ↗
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.”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The article, citing an SEC filing, describes the up-to-$600 million installment structure and lists each of these milestones.
Confirmed in the source:
- MARA Holdings agreed to acquire a 1,200-acre powered site in Matagorda County, Texas
- The deal is worth up to $600 million
- Payments are made in installments tied to development milestones
- The milestones include regulatory approvals, completion of land acquisition, authorization to receive grid power, and signing of a data center lease
What we did: Read our cached copy of the publisher (https://coinmarketcap.com/academy/article/mara-holdings-texas-600m-data-center-acquisition) in full (6,265 characters, retrieved September 18, 2026) and checked each assertion in the claim against it.
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.”