MARA shares surge after 2 GW Texas infrastructure deal expands AI ambitions
CoinTelegraph·
60-second summary
MARA shares are surging approximately 15% as the company announces a 2 GW Texas infrastructure deal to expand its AI ambitions. This significant acquisition will increase MARA's power capacity and enable the development of more AI and digital infrastructure projects. The deal's impact on the cryptocurrency mining industry is expected to be substantial, potentially driving further growth in the sector.
The Bitcoin miner's shares climbed about 15% after announcing it's acquiring a Texas site with up to 2 GW of power capacity to expand its AI and digital infrastructure strategy.