MARA Holdings, through its subsidiary Volt Texas, bought a company called MAT 1177 that controls land and a 2,000-megawatt power agreement in Texas. The deal is for developing a massive data center campus for AI, cloud, and Bitcoin mining alongside Starwood Digital Ventures. The total purchase price is up to $600 million, paid out only when specific milestones like securing permits and signing a tenant lease are met.
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