jain.com

Long Ridge acquisition pending FERC approval

Company: Marathon Digital

Subject kind
regulatory
Statement date
2026-09-01
Current status
stated

The claim, verbatim

Marathon Digital's Long Ridge Energy acquisition had not closed as of June 30, 2026 and is awaiting Federal Energy Regulatory Commission approval

Source (primary)

MARA vs Bitcoin and Why the Miner Is Not Leveraged Bitcoin - Phemex (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗

Quote: “had not closed as of 30 June 2026 and is awaiting FERC approval”

How we checked this

Checked on September 17, 2026. The cited source supports every part of this claim.

The article says the Long Ridge deal had not closed as of 30 June 2026 and is awaiting FERC approval.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://phemex.com/academy/mara-vs-bitcoin-miner-not-leveraged-bitcoin) in full (16,912 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA vs Bitcoin and Why the Miner Is Not Leveraged Bitcoin - Phemex

Quote: “had not closed as of 30 June 2026 and is awaiting FERC approval”

View cached copy (2026-09-02)Live source ↗Archive.org ↗