Owned power generation capacity up >300% on closing
Company: Marathon Digital
The claim, verbatim
Upon closing, the transaction is expected to increase MARA's owned power generation capacity by over 300% and strengthen its financial profile through contracted power generation cash flows.
Source (primary)
MARA Holdings, Inc. Receives FERC Approval For Acquisition Of Long Ridge Energy & Power LLC - www.marketscreener.com (-, news_article)
View cached copy (2026-11-08)Live source ↗
Quote: “Upon closing, the transaction is expected to increase MARA?s owned power generation capacity by over 300%”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The document states both the expected >300% increase in owned generation capacity and the expected strengthening of MARA's financial profile through contracted power generation cash flows.
Confirmed in the source:
- Upon closing, the Long Ridge transaction is expected to increase MARA's owned power generation capacity by over 300%
- The transaction is expected to strengthen MARA's financial profile through contracted cash flows from power generation
What we did: Read our cached copy of the publisher (https://www.marketscreener.com/news/mara-holdings-inc-receives-ferc-approval-for-acquisition-of-long-ridge-energy-power-llc-ce785fd2d98ef62d) in full (15,407 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA Holdings, Inc. Receives FERC Approval For Acquisition Of Long Ridge Energy & Power LLC - www.marketscreener.com
Quote: “Upon closing, the transaction is expected to increase MARA?s owned power generation capacity by over 300%”