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Long Ridge Energy acquisition - 485 MW gas plant

Company: Marathon Digital

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

The claim, verbatim

Marathon Digital agreed to acquire Long Ridge Energy, a 485 MW gas plant in Ohio, for $1.5 billion, pending FERC 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: “agreed to acquire Long Ridge Energy for roughly $1.5 billion on 29 April, a 485 MW gas plant in Ohio that had not closed as of 30 June 2026 and is awaiting FERC approval”

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

Quote: “agreed to acquire Long Ridge Energy for roughly $1.5 billion on 29 April, a 485 MW gas plant in Ohio that had not closed as of 30 June 2026 and is awaiting FERC approval”

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