Long Ridge gas plant acquisition pending FERC approval
Company: Marathon Digital
The claim, verbatim
MARA's acquisition of the Long Ridge gas plant in Ohio had not closed and was awaiting FERC approval as of MARA's August 6 update; per the Q1 10-Q the deal can be terminated if not closed by November 30, 2026, extendable to June 30, 2027 if certain regulatory conditions remain unsatisfied.
Source (primary)
MARA’s CEO Expects Two AI Leases by Year-End. Here’s What the Stock Needs to Show Before December 31 - TIKR.com (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
Quote: “Under MARA's Q1 10-Q, the deal can be terminated if it has not closed by November 30, 2026 . That date extends to June 30, 2027, if certain regulatory conditions remain unsatisfied.”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The article states that the deal had not closed, cites the August 6 FERC status, and gives the Q1 10-Q termination and extension dates.
Confirmed in the source:
- The Long Ridge gas plant acquisition in Ohio had not closed
- MARA's August 6 update said the deal was awaiting FERC approval
- Per the Q1 10-Q, the deal can be terminated if not closed by November 30, 2026
- That date extends to June 30, 2027 if certain regulatory conditions remain unsatisfied
What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/maras-ceo-expects-two-ai-leases-by-year-end-heres-what-the-stock-needs-to-show-before-december-31) in full (10,023 characters, retrieved October 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA’s CEO Expects Two AI Leases by Year-End. Here’s What the Stock Needs to Show Before December 31 - TIKR.com
Quote: “Under MARA's Q1 10-Q, the deal can be terminated if it has not closed by November 30, 2026 . That date extends to June 30, 2027, if certain regulatory conditions remain unsatisfied.”