2026-02-26 22:48:17
MARA expands its AI data center business, stock price rises 17% after hours
MARA Holdings partners with Starwood Capital Group to convert part of its Bitcoin mining farms into AI data centers, initially providing approximately 1 gigawatt of computing power, with plans to expand to 2.5 gigawatts. This move marks a business transformation, and despite short-term challenges, MARA still considers Bitcoin a long-term core strategy.