Long Ridge acquisition close expected within weeks
Company: Marathon Digital
The claim, verbatim
The closing of the Long Ridge natural gas plant acquisition is expected within weeks of the FERC approval.
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 FERC approval clears the way for a close within weeks.
Confirmed in the source:
- Closing of the Long Ridge acquisition is expected within weeks following FERC approval
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 Bitcoin Sale: 13,597 BTC Sold for $1.1B - Bitcoin Foundation
Quote: “its planned purchase of the Long Ridge natural-gas power business, which it expects to close in the coming weeks”
confirms Bitcoin Miner MARA Clears Its BTC-Backed Debt and Approves $500 Million Buyback After Q3 Profit - unchainedcrypto.com
Quote: “MARA expects the deal to close in the coming weeks, subject to remaining conditions”