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via finance.yahoo.comTech & AI

MARA Holdings commits billions to AI power as its share price falls sharply

FROM THE WIRE · FINANCE.YAHOO.COM

MARA Holdings (MARA) is pushing hard into AI infrastructure after committing around US$1.5b to buy the Long Ridge gas plant and roughly US$600 million for Texas land, even as revenue and digital asset values decline. MARA Holdings' share price has retreated sharply, with a…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLarge AI infrastructure investments by a bitcoin miner, with the share price recently falling sharply.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01MARA committed around US$1.5 billion to the Long Ridge gas plant and about US$600 million for Texas land.
  2. 02The share price is down 38.5% over one month and 30.7% year to date.
  3. 03The one-year total shareholder return has fallen 59.9%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Marathon Digital Holdings, Inc.MARAStock6.87 USDMarket closedtoday -4.05%Neutral BitcoinBTCUSDCrypto80,292.00 USD-0.27%today -0.14%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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