
MARA Holdings has signed an agreement to acquire a 1,200-acre powered land site in Matagorda County, Texas, from HIF USA. The site will provide up to 2 GW of power capacity by April 2028, supporting high-performance computing and Bitcoin mining operations. HIF will retain a minority stake and continue its advanced fuels projects elsewhere. This acquisition doubles MARA's potential power capacity, strengthens its digital infrastructure portfolio, and is expected to create thousands of jobs in Texas.