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Corporate Score 62 Bullish

MARA Holdings Acquires Long Ridge Energy in $1.5 Billion Strategic Deal

Apr 30, 2026 13:15 UTC
FIP, MARA
Short term

MARA Holdings has agreed to purchase Long Ridge Energy & Power from FTAI Infrastructure for approximately $1.52 billion. The transaction includes the assumption of $785 million in existing debt.

  • Total deal value estimated at $1.52 billion
  • Includes assumption of $785 million in existing debt
  • FTAI Infrastructure (FIP) shares rose 13.9% pre-market
  • MARA Holdings (MARA) shares rose 3.3% pre-market
  • Strategic pivot toward energy independence for bitcoin mining

MARA Holdings is significantly expanding its energy infrastructure capabilities through the acquisition of Long Ridge Energy & Power. The deal, valued at roughly $1.52 billion, marks a major strategic move for the bitcoin mining firm to secure its power requirements. The acquisition allows MARA to integrate energy production and management directly into its operations, a critical step for energy-intensive bitcoin mining. FTAI Infrastructure, the seller, saw its shares surge in pre-market trading following the announcement of the agreement. Financial details of the transaction reveal that the total value of $1.52 billion includes the assumption of $785 million in existing debt associated with Long Ridge Energy. This structure allows MARA to acquire substantial power assets while managing the immediate capital outlay. Market participants reacted positively to the news, with FTAI Infrastructure (FIP) shares climbing 13.9% and MARA Holdings (MARA) rising 3.3% in pre-market activity. The move signals a broader trend of cryptocurrency miners seeking to vertically integrate their energy supply chains to mitigate the risks of power cost volatility.

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