MARA Holdings Closes Deal for Texas Wind Farm

Quick Summary:

The acquisition adds 114 megawatts of wind capacity to MARA’s asset base as it expands into energy infrastructure.

MARA is the second-largest publicly traded corporate bitcoin holder, with 45,659 BTC on its balance sheet.

The Florida-based company plans to use the wind farm to power bitcoin mining operations using last-generation ASIC mining hardware “that would have otherwise been written off or sold into the secondary market.

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Article Details

Author / Journalist: Francisco Rodrigues

Category: Crypto

Markets: United StatesCuba

Topics: Texas Finance Marathon digital holdings

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 14:54:28 (4 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 138 words

Reading Time: 1 minutes read

Sentences: 18 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 26255025

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