jain.com

Long Ridge gas power plant purchase for $1.51B

Company: Marathon Digital

Subject kind
acquisition
Statement date
2026-11-06
Promised amount
1510000000.0 USD
Current status
stated

The claim, verbatim

MARA Holdings is buying the Long Ridge gas power plant for US$1.51 billion in a debt-heavy, Bitcoin-backed deal aimed at AI-focused infrastructure.

Source (primary)

MARA Holdings (MARA) Wins Long Ridge Clearance, Is The AI Pivot Enough For Fair Value? - Simply Wall St (-, news_article)
View cached copy (2026-11-07)Live source ↗Archive.org ↗

Quote: “buy the Long Ridge gas power plant for US$1.51b in a debt heavy, Bitcoin backed bet on AI focused infrastructure”

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) Wins Long Ridge Clearance, Is The AI Pivot Enough For Fair Value? - Simply Wall St

Quote: “buy the Long Ridge gas power plant for US$1.51b in a debt heavy, Bitcoin backed bet on AI focused infrastructure”

View cached copy (2026-11-07)Live source ↗Archive.org ↗