Planned Long Ridge Energy and Power acquisition
Company: Marathon Digital
The claim, verbatim
MARA said loan proceeds could support general corporate purposes, including part of the financing for its planned acquisition of Long Ridge Energy and Power.
Source (primary)
MARA Holdings moves $81M in BTC, is Bitcoin price at risk? - Crypto News (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗
Quote: “MARA said the proceeds could support general corporate purposes, including part of the financing for its planned Long Ridge Energy and Power acquisition.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article says MARA stated the loan proceeds could support general corporate purposes, including partly financing its planned Long Ridge Energy and Power acquisition.
Confirmed in the source:
- MARA said proceeds of the $600 million borrowing could support general corporate purposes
- MARA said this could include part of the financing for its planned Long Ridge Energy and Power acquisition
What we did: Read our cached copy of the publisher (https://crypto.news/mara-holdings-moves-81m-in-btc-is-bitcoin-price-at-risk/) in full (12,196 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA Holdings moves $81M in BTC, is Bitcoin price at risk? - Crypto News
Quote: “MARA said the proceeds could support general corporate purposes, including part of the financing for its planned Long Ridge Energy and Power acquisition.”
confirms MARA Moves $81 Million in Bitcoin to Galaxy Digital, Sparking Sale Speculation - BigGo Finance
Quote: “In February, MARA partnered with Starwood Capital Group and agreed to acquire Long Ridge Energy & Power, an Ohio natural gas plant and data center campus with 505 megawatts of expected capacity, for $1.5 billion.”