Long Ridge gas power plant purchase price
Company: Marathon Digital
The claim, verbatim
MARA Holdings is acquiring 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 (2026-11-08)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
Checked on November 9, 2026. The cited source supports every part of this claim.
The article says MARA Holdings won U.S. approval to buy the Long Ridge gas power plant for US$1.51b in a debt-heavy, Bitcoin-backed bet on AI-focused infrastructure, which covers every part of the claim.
Confirmed in the source:
- MARA Holdings is buying the Long Ridge gas power plant
- The purchase price is US$1.51 billion
- The deal is debt-heavy
- The deal is Bitcoin-backed
- The deal is aimed at AI-focused infrastructure
What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-mara/mara-holdings/news/mara-holdings-mara-wins-long-ridge-clearance-is-the-ai-pivot/amp) in full (7,426 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
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”