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Long Ridge Energy acquisition

Company: Marathon Digital

Subject kind
acquisition
Statement date
2026-04-29
Promised amount
1500.0 USD
Current status
stated

The claim, verbatim

MARA has entered into a definitive agreement to acquire Long Ridge Energy & Power LLC from FTAI Infrastructure for approximately $1.5 billion including assumption of debt

Source (primary)

marathon-digital 8-K exhibit (d54802dex991.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-08)Live source ↗

Quote: “entered into a definitive agreement to acquire Long Ridge Energy & Power LLC ("Long Ridge Energy") from FTAI Infrastructure Inc. (NASDAQ: FIP) ("FTAI Infrastructure") for a total transaction value of approximately $1.5 billion (including the assumption of certain debt)”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms marathon-digital 8-K exhibit (d54802dex991.htm)

Quote: “entered into a definitive agreement to acquire Long Ridge Energy & Power LLC ("Long Ridge Energy") from FTAI Infrastructure Inc. (NASDAQ: FIP) ("FTAI Infrastructure") for a total transaction value of approximately $1.5 billion (including the assumption of certain debt)”

View cached copy (2026-09-08)Live source ↗