MARA Holdings, the second-largest publicly traded corporate bitcoin holder, has completed the acquisition of a wind farm in Texas. This addition to its operations provides 114 megawatts of wind capacity and 240 megawatts of interconnection capacity. MARA plans to use the wind farm to power its bitcoin mining operations, utilizing last-generation ASIC mining hardware that would have otherwise been disposed of. This move allows MARA to reduce costs and use renewable energy that would have otherwise been unused. With this acquisition, MARA now owns and operates a total of 136 megawatts of generating capacity. As of now, MARA holds 45,659 BTC on its balance sheet.
Content Editor ( coindesk.com )
- 2025-02-18
MARA Holdings Closes Deal for Texas Wind Farm
