Acquisition of Long Ridge Energy & Power LLC for approximately $1.5 billion
Company: Marathon Digital
The claim, verbatim
MARA USA Corporation will acquire 100% of Long Ridge Energy & Power LLC from Ohio River Partners Holdco LLC and Ohio River Partners Finance LLC for a base purchase price of approximately $1.5 billion
Source (primary)
Marathon Digital 8-K filed 2026-06-25 (SEC EDGAR, sec_filing)
View cached copy (2026-08-30)Live source ↗
Quote: “Buyer will acquire 100% of the issued and outstanding limited liability company membership interests in Long Ridge Energy & Power LLC, a Delaware limited liability company (" Long Ridge "), from the Sellers for a base purchase price of approximately $1.5 billion, subject to customary purchase price adjustments, after which Long Ridge will become an indirect wholly owned subsidiary of the Company”
How we checked this
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Additional evidence
confirms Marathon Digital 8-K filed 2026-06-25
Quote: “Buyer will acquire 100% of the issued and outstanding limited liability company membership interests in Long Ridge Energy & Power LLC, a Delaware limited liability company (" Long Ridge "), from the Sellers for a base purchase price of approximately $1.5 billion, subject to customary purchase price adjustments, after which Long Ridge will become an indirect wholly owned subsidiary of the Company”