jain.com

FERC approval of Long Ridge purchase

Company: Marathon Digital

Subject kind
regulatory
Statement date
2026-11-05
Promised amount
1500000000.0 USD
Current status
stated

The claim, verbatim

The Federal Energy Regulatory Commission approved MARA's roughly $1.5 billion purchase of Long Ridge Energy & Power.

Source (primary)

MARA Sinks 14% as AI Data Center Selloff Hits Bitcoin Miners Despite FERC Nod - TIKR.com (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “the Federal Energy Regulatory Commission approved its roughly $1.5 billion purchase of Long Ridge Energy & Power”

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 Sinks 14% as AI Data Center Selloff Hits Bitcoin Miners Despite FERC Nod - TIKR.com

Quote: “the Federal Energy Regulatory Commission approved its roughly $1.5 billion purchase of Long Ridge Energy & Power”

View cached copy (2026-11-06)Live source ↗Archive.org ↗