MARA Holdings Acquires Texas Wind Farm Adding 114 Megawatts Capacity
MARA Holdings (MARA) has acquired a wind farm in Texas, adding:
- 114 megawatts of wind capacity
- 240 megawatts of interconnection capacity
The company plans to use the wind farm to power its bitcoin mining operations with repurposed ASIC mining hardware. This approach aims to reduce mining costs by utilizing renewable energy that would otherwise go unused.
With this acquisition, MARA now operates 136 megawatts of generating capacity and holds 45,659 BTC on its balance sheet.