Loading...
[MARA Holdings Subsidiary Plans $600 Million Acquisition of MAT 1177 LLC Equity] According to regulatory filings, MARA Holdings subsidiary Volt Texas has signed an agreement with HIF USA to acquire the majority equity of MAT 1177 LLC, which holds the Texas data infrastructure park project. The project company has a letter of intent to provide up to 2,000 megawatts of power for the park, aimed at building a digital infrastructure park to support high-performance computing and Bitcoin mining. The transaction price will be paid in installments based on milestones, with the total acquisition amount reaching up to $600 million if all development milestones are completed.