Pending Long Ridge acquisition
Company: Marathon Digital
The claim, verbatim
MARA's pending acquisition of Long Ridge is valued at approximately $1.5 billion and includes a 505 MW natural gas power plant in Ohio, supporting its AI/HPC expansion; financing proceeds will cover part of the cash payment.
Source (primary)
MARA Bitcoin Transfers Show Significant Exchange Movements - The Cryptonomist (-, news_article)
View cached copy (2026-10-21)Live source ↗Archive.org ↗
Quote: “The proposed transaction is valued at approximately $1.5 billion and includes a 505-megawatt natural gas power plant in Ohio.”
How we checked this
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Additional evidence
confirms MARA Bitcoin Transfers Show Significant Exchange Movements - The Cryptonomist
Quote: “The proposed transaction is valued at approximately $1.5 billion and includes a 505-megawatt natural gas power plant in Ohio.”