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FERC approval received for Long Ridge acquisition

Company: Marathon Digital

Subject kind
regulatory
Statement date
2026-11-09
Current status
stated

The claim, verbatim

MARA received FERC approval for its acquisition of the Long Ridge natural gas plant, the last major contingency before closing.

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: “MARA received FERC approval for its acquisition of the Long Ridge natural gas plant”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The document states both the FERC approval and that it was the last major contingency before closing.

Confirmed in the source:

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: “MARA received FERC approval for its acquisition of the Long Ridge natural gas plant”

View cached copy (2026-11-10)Live source ↗Archive.org ↗

confirms MARA Holdings Reports $632 Million Net Income in Q3 2026 Despite Revenue Decline - TheEnergyMag

Quote: “The company received approval from the Federal Energy Regulatory Commission last week”

View cached copy (2026-11-10)Live source ↗Archive.org ↗