~$1.5B Long Ridge gas plant acquisition (pending close)
Company: Marathon Digital
The claim, verbatim
MARA is purchasing the Long Ridge gas plant in Ohio for roughly $1.5 billion; the plant earned about $144 million of annualized adjusted EBITDA in H2 2025; the deal has yet to close.
Source (primary)
MARA Fell 4% as Riot Landed a $28 Billion AI Lease. Here’s What November 9 Must Show - TIKR.com (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗
Quote: “its roughly $1.5 billion purchase of the Long Ridge gas plant in Ohio”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The article gives the price, the plant's second-half 2025 annualized adjusted EBITDA, and says the deal has yet to close.
Confirmed in the source:
- MARA is purchasing the Long Ridge gas plant in Ohio for roughly $1.5 billion
- The plant earned about $144 million of annualized adjusted EBITDA in the second half of 2025
- The Long Ridge deal has yet to close
What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/mara-fell-4-as-riot-landed-a-28-billion-ai-lease-heres-what-november-9-must-show) in full (7,936 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA Fell 4% as Riot Landed a $28 Billion AI Lease. Here’s What November 9 Must Show - TIKR.com
Quote: “its roughly $1.5 billion purchase of the Long Ridge gas plant in Ohio”