MARA Holdings is strengthening its digital infrastructure strategy after agreeing to acquire a large powered land site in Matagorda County, Texas, from HIF USA. The transaction gives the Bitcoin miner another major growth platform as demand for artificial intelligence computing and energy-intensive data centers continues to rise.
Besides supporting Bitcoin mining, the project will target high-performance computing customers, helping MARA diversify its long-term revenue opportunities while expanding its access to large-scale power capacity.
Project Targets AI and Bitcoin Growth
According to the press release, the 1,200-acre property could deliver an initial 1 gigawatt of electricity by October 2027. Capacity could expand to 2 gigawatts by April 2028. Consequently, MARA’s total potential power portfolio would reach about 4.8 gigawatts, including its planned Long Ridge Energy acquisition.
The company also intends to develop the campus alongside Starwood Digital Ventures. Additionally, HIF will retain a minority interest after securing a high-performance computing tenant.
Expansion Supports Long-Term Strategy
Construction could begin during 2026, pending regulatory approvals. Moreover, MARA expects the development to attract large computing operators requiring reliable electricity and scalable infrastructure.
The company also plans continued investment across Texas after already committing more than $1.2 billion statewide. Investors welcomed the announcement. MARA shares climbed 10.98% to $13.34, reflecting growing confidence in the company’s expanding infrastructure strategy.
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