MARA announces consent solicitation results for Long Ridge notes
It obtained majority consents, entered a supplemental indenture, and expects transaction closing in H2 2026 subject to regulatory approvals; consent fee is $2.50 per $1,000.
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Digital energy and compute infrastructure company
mara.comLast updated
In short: MARA reported a Q1 2026 loss and missed revenue estimates while advancing a $1.5 billion acquisition of Long Ridge Energy for AI expansion.
It obtained majority consents, entered a supplemental indenture, and expects transaction closing in H2 2026 subject to regulatory approvals; consent fee is $2.50 per $1,000.
The company reported preliminary unaudited results in a shareholder letter and will host a webcast.
The deal includes a 505 MW gas power plant and land for a 1 GW digital infrastructure campus.
The deal includes a 505 MW power plant and land for a digital campus, boosting owned capacity by 65%.
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MARA Holdings, Inc. (NASDAQ: MARA) ("MARA") today announced the expiration and results of the previously announced consent...
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