FERC approval for Long Ridge and pending deals
Company: Marathon Digital
The claim, verbatim
Closing the pending power transactions, including Long Ridge, required FERC approval, which management expected soon as of August.
Source (primary)
Why Did MARA Stock Fall? - Trefis (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗
Quote: “Closing those transactions required FERC approval, and in August, management expected that approval soon.”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The article says closing MARA's pending power deals, including the Long Ridge acquisition, required FERC approval, and that in August management expected that approval soon.
Confirmed in the source:
- MARA had pending power transactions, including the Long Ridge acquisition
- Closing those pending transactions required FERC approval
- As of August, MARA management expected FERC approval soon
What we did: Read our cached copy of the publisher (https://www.trefis.com/articles/618694/why-did-mara-stock-fall/2026-10-14) in full (11,446 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Did MARA Stock Fall? - Trefis
Quote: “Closing those transactions required FERC approval, and in August, management expected that approval soon.”