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MARA Holdings to acquire Texas wind farm for sustainable Bitcoin mining operations

PUBLIC · MARADec 03, 2024

Acquiring Company

MARA Holdings

Hallandale BeachHardwareAerospace

Description

MARA Holdings, formerly Marathon Digital, is set to acquire a wind farm in Hansford County, Texas, to power its sustainable Bitcoin mining data center. This strategic acquisition is aligned with MARA's goal of integrating renewable energy into its operations, reducing reliance on traditional energy sources, and working towards broader sustainability initiatives.

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Company Information

Company

MARA Holdings

Location

1010 South Federal Highway

Hallandale Beach, Florida, United States

About

MARA Holdings, formerly Marathon Digital, is a company that focuses on sustainable Bitcoin mining operations and has announced plans to acquire a wind farm in Hansford County, Texas, to power its mining data center, with the goal of creating a vertically integrated operation with zero-marginal energy costs. MARA aims to integrate renewable energy into its mining operations and reduce reliance on traditional energy sources, as well as work towards broader sustainability goals by developing a global network of renewable energy-powered data centers.

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