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via finance.yahoo.comBusiness & Companies

MARA Holdings secures FERC approval for its 1.51 billion Long Ridge acquisition

FROM THE WIRE · FINANCE.YAHOO.COM

On 4 November 2026, MARA Holdings (NasdaqCM:MARA) secured U.S. FERC approval for its planned US$1.51b Long Ridge gas plant acquisition. The Long Ridge facility is intended to support MARA Holdings' buildout of AI and high performance computing infrastructure capacity. MARA…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe regulatory approval removes a key hurdle for MARA's expansion into AI infrastructure.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01U.S. FERC approved the acquisition of the Long Ridge gas plant.
  2. 02The 1.51 billion dollar deal supports buildout of AI and HPC capacity.
  3. 03MARA moved 1,650 BTC to institutional platforms.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Marathon Digital Holdings, Inc.MARAStock6.87 USDMarket closedtoday -4.05%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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