MARA Holdings, Inc. (MARA) Form 8-K — Sep 25, 2026
MARA Holdings amended its July 2026 purchase agreement under which subsidiary Volt Texas LLC acquired MAT 1177 LLC, the entity holding a Texas site with rights to 2,000 megawatts of power capacity. Under the September 21, 2026 amendment, MARA posted a $100.0 million security deposit with the electric utility and restructured milestone payments, including increasing the maximum payments tied to the site being authorized to receive power; the aggregate purchase price remains $600 million if all milestones are met.
Key figures
- Deal Value Usd
- 600000000
- Power capacity mw
- 2000
- Security deposit usd
- 100000000
AI analysis
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