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Long Ridge power plant acquisition pending regulatory approval

Company: Marathon Digital

Subject kind
acquisition
Statement date
2026-10-19
Promised amount
70.0 percent
Current status
stated

The claim, verbatim

MARA is waiting on regulatory approval for Long Ridge, a power plant with more than 70% of its output sold under long-term contracts; management expects it to add earnings once it closes.

Source (primary)

MARA Holdings (MARA) Mined More Bitcoin, but Revenue Fell 27% - Yahoo Finance (-, news_article)
View cached copy (2026-10-20)Live source ↗Archive.org ↗

Quote: “MARA is waiting on regulatory approval for Long Ridge, a power plant with more than 70% of its output sold under long-term contracts. Management expects it to add earnings once it closes.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms MARA Holdings (MARA) Mined More Bitcoin, but Revenue Fell 27% - Yahoo Finance

Quote: “MARA is waiting on regulatory approval for Long Ridge, a power plant with more than 70% of its output sold under long-term contracts. Management expects it to add earnings once it closes.”

View cached copy (2026-10-20)Live source ↗Archive.org ↗