jain.com

Long Ridge power plant acquisition

Company: Marathon Digital

Subject kind
acquisition
Statement date
2026-09-19
Promised amount
1.5 billion USD
Current status
stated

The claim, verbatim

MARA purchased Ohio's Long Ridge power plant for $1.5 billion

Source (primary)

MARA Stock Rose 14% Friday. JPMorgan and Morgan Stanley Still Don’t Agree. - Yahoo Finance (-, news_article)
View cached copy (2026-09-21)Live source ↗

Quote: “the $1.5 billion purchase of Ohio's Long Ridge power plant”

How we checked this

Checked on September 26, 2026. The cited source supports every part of this claim.

The article cites the $1.5 billion purchase of Ohio's Long Ridge power plant as part of MARA Holdings' shift into AI data center power.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/mara-stock-rose-14-friday-092852256.html) in full (10,177 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA Stock Rose 14% Friday. JPMorgan and Morgan Stanley Still Don’t Agree. - Yahoo Finance

Quote: “the $1.5 billion purchase of Ohio's Long Ridge power plant”

View cached copy (2026-09-21)Live source ↗