Mara Holdings

At the H.C. Wainwright Global Investment Conference, MARA Holdings said demand for AI infrastructure remains high, but the main constraint is access to grid-connected power capacity as well as construction capacity and skilled workers. Executives pointed to rising infrastructure costs, long lead times and labor shortages and described Bitcoin mining as a short-term bridging solution to provide load. MARA cited large sites scalable to over 500 megawatts each, such as Matagorda and Long Ridge, and plans to sign two lease agreements by year-end as part of portfolio optimization. » More on de.investing.com

MARA Holdings appointed Craig Hart and Nancy Novak as independent board members effective August 1, bringing the board to seven members, six of whom are independent. Barbara Humpton and Georges Antoun left the board on July 31. Hart brings experience as senior portfolio manager and global co‑head of energy and power at Avenue Capital Group; Novak was chief innovation officer at Compass Datacenters and has expertise in hyperscale data centers. CEO Fred Thiel said the new members are meant to support the company’s digital infrastructure and energy strategy; MARA’s activities include Bitcoin mining. » More on de.investing.com

MARA Holdings has announced a definitive agreement to acquire Long Ridge Energy & Power LLC from FTAI Infrastructure for roughly $1.5 billion including debt. The deal includes a 505‑MW gas-and-steam combined‑cycle plant and more than 1,600 acres for a digital infrastructure campus with potential total capacity of over 1 GW. The acquisition would increase MARA’s own generation capacity by about 65% and is expected to add roughly $144 million of annualized adjusted EBITDA (based on H2 2025); closing is expected in H2 2026, subject to regulatory approvals. The stock rose about 1.7% after the announcement despite weak Bitcoin. » More on de.investing.com