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Long Ridge Energy & Power acquisition agreement

Company: Marathon Digital

Subject kind
acquisition
Statement date
2026-05-10
Current status
stated

The claim, verbatim

Marathon announced a definitive agreement to acquire Long Ridge Energy & Power from FTAI Infrastructure Inc., expected to close in H2 2026 subject to regulatory approvals including Hart-Scott-Rodino Act clearance and FERC approval

Source (primary)

marathon-digital 8-K exhibit (q126shareholderletter.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-07)Live source ↗

Quote: “announced a definitive agreement to acquire Long Ridge Energy & Power ("Long Ridge") from FTAI Infrastructure Inc. (NASDAQ: FIP)”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document names the counterparty, the expected H2 2026 closing, and the specific regulatory approvals required.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000150760526000014/q126shareholderletter.htm) in full (39,768 characters, retrieved September 7, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms marathon-digital 8-K exhibit (q126shareholderletter.htm)

Quote: “announced a definitive agreement to acquire Long Ridge Energy & Power ("Long Ridge") from FTAI Infrastructure Inc. (NASDAQ: FIP)”

View cached copy (2026-09-07)Live source ↗