Long Ridge acquisition closing
Company: Marathon Digital
The claim, verbatim
Closing of the Long Ridge natural gas plant acquisition is expected within weeks.
Source (primary)
[MARA Holdings Q3 2026 Earnings Call] MARA Posts $632M Net Income Despite 35% Revenue Drop, Unveils $500M Buyback and $1.1B Bitcoin Sale to Slash Debt 37% - BigGo Finance (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “the last major contingency before closing, expected within weeks”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The document says closing is expected within weeks after FERC approval of the acquisition.
Confirmed in the source:
- Closing of MARA's acquisition of the Long Ridge natural gas plant is expected within weeks
What we did: Read our cached copy of the publisher (https://finance.biggo.com/news/US_MARA_2026-11-09) in full (12,616 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms [MARA Holdings Q3 2026 Earnings Call] MARA Posts $632M Net Income Despite 35% Revenue Drop, Unveils $500M Buyback and $1.1B Bitcoin Sale to Slash Debt 37% - BigGo Finance
Quote: “the last major contingency before closing, expected within weeks”
confirms MARA Sells 13,597 Bitcoin For $1.1B, Repays BTC-Backed Loans - Bitcoin Magazine
Quote: “currently authorized to sell 485 MW, and expects to close in the coming weeks”