MARA Holdings announced the acquisition of a plot of more than 1,200 acres in Matagorda County, Texas, in a deal that could transform the Bitcoin miner into one of the largest digital infrastructure operators in the United States.
The seller is HIF USA, a synthetic fuels company that will retain a minority stake in the site once the lease agreement with a computing tenant is finalized.
The site, located approximately 145 kilometers southwest of Houston, will offer access to up to 1 gigawatt of grid capacity by October 2027 and up to 2 gigawatts in the spring of 2028.
MARA plans to develop the site as a computing campus alongside Starwood Digital Ventures, with capacity to host artificial intelligence data centers and Bitcoin mining operations. With this addition, the company’s total energy portfolio would reach 4.8 gigawatts, including a power plant in Ohio acquired previously.
MARA shares rose more than 15% following the announcement, reaching $13.87 according to Yahoo Finance. They have gained more than 54% so far in 2026. Fred Thiel, chairman and CEO of the company, highlighted that sites with access to reliable and scalable energy will become increasingly valuable assets as demand for digital infrastructure grows.
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