MARA has entered into a definitive agreement with HIF to acquire a strategic powered land site in Texas. The site spans more than 1,200 acres with access to up to an initial 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028, subject to ERCOT approval.
We intend
MFTV #11: BITCOIN MINING AND THE RACE FOR AI POWER | with MARA CEO Fred Thiel (@fgthiel)
🔗 YouTube: youtu.be/EvM4v7IDKr4
🌿 Spotify: open.spotify.com/episode/4iCMYx…
"You can't do AI, HPC, or Bitcoin without electrons. Acquire electrons, then generate maximum value per electron."
Regulators now favor data centers that bring their own power or curtail flexibly. MARA has operated both models for years, ahead of the shift. Read more: mara.com/posts/two-path…
MARA has entered into a definitive agreement with HIF to acquire a strategic powered land site in Texas. The site spans more than 1,200 acres with access to up to an initial 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028, subject to ERCOT approval.
We intend
An important step in expanding MARA's long-term development pipeline. This is a multi-year, milestone-based project, and we'll share more as we reach key development and regulatory milestones.
MARA has entered into a definitive agreement with HIF to acquire a strategic powered land site in Texas. The site spans more than 1,200 acres with access to up to an initial 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028, subject to ERCOT approval.
We intend
Powered land at this scale is groundwork worth doing right. Credit to the @MARA team and our partners at HIF. We believe sites with reliable, scalable power grow more valuable as compute demand rises. Developed through the milestones ahead, this is a meaningful addition to our
MARA has entered into a definitive agreement with HIF to acquire a strategic powered land site in Texas. The site spans more than 1,200 acres with access to up to an initial 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028, subject to ERCOT approval.
We intend
A note on what to expect: this is early-stage, milestone-based development. It's subject to regulatory approvals, with phased construction and a multi-year build-out ahead. We're keeping commentary measured by design and will update as concrete milestones are reached.
A note on what to expect: this is early-stage, milestone-based development. It's subject to regulatory approvals, with phased construction and a multi-year build-out ahead. We're keeping commentary measured by design and will update as concrete milestones are reached.
Seeing some questions about Morgan Stanley's updated @MARA price target. The main driver is straightforward: the decline in BTC price at the end of 2Q. One thing worth noting: the report states $MARA "still holds approximately 54,000 BTC." That's not accurate. As of the end of
Great to see Upscale AI, incubated within Velaura AI (formerly Auradine), now raising from new investors including NVIDIA to build open-standard AI networking. When @MARA backed Velaura in their Series C, we believed in the people and the technology. Congrats to Rajiv Khemani and
Upscale AI has raised $190M in Series A-1 financing to accelerate the scaling of our open-standard AI networking solutions.
This brings our total funding to half a billion dollars and our valuation to $2B, reflecting strong investor conviction.
upscale.com/blogs/upscale-…
Excited to share that @MARA testified this week before the Ohio Joint Data Center Committee. We appreciated the opportunity to participate in a thoughtful, fact-based discussion on how data centers impact Ohio’s economy, energy grid, and communities. Our message was clear: MARA
@MARA did NOT purchase 1000 BTC as some are reporting today. BTC entering our wallets can be asset management activities and does not mean that we are buying BTC.
Macquarie out with an interesting report on US data center bottlenecks. 30-50% of 2026 projects behind schedule, only 5GW of 16GW pipeline actually under construction. Their conclusion: the winners own the interconnection, the gas, and the permits. That's Long Ridge. That's why
At Choose France, President Macron's annual investment summit at Versailles, French national media turned to MARA and Exaion.
Hear from MARA CEO Fred Thiel (@fgthiel) and Exaion CEO Fatih Balyeli (@balyeli_fatih):