NasdaqCM:MARASoftware
MARA Holdings (MARA) Is Down 15.9% After Pivoting Into Gas-Fed AI Data Centers And Power Sales
Recently, MARA Holdings, formerly Marathon Digital, accelerated its shift from pure Bitcoin mining toward energy infrastructure and AI/high‑performance computing data centers, signing a letter of intent with MPLX to build natural gas-powered campuses in West Texas and pursuing the acquisition of a majority stake in Exaion.
This pivot highlights MARA’s attempt to cushion the impact of Bitcoin’s latest downturn and mining margin pressure by developing more diversified, potentially recurring...