Bitcoin miner MARA Holdings agrees to acquire Ohio gas plant operator Long Ridge Energy & Power for $1.5B including debt, to power its AI data center expansion (Francisco Rodrigues/CoinDesk)

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Bitcoin miner MARA Holdings acquires Ohio gas plant operator Long Ridge Energy & Power for $1.5B to power AI data center expansion, signaling major energy infrastructure pivot for crypto miners into AI.

Categories: Money & Moves

Excerpt

<a href="https://www.coindesk.com/business/2026/04/30/mara-holdings-to-buy-long-ridge-energy-in-usd1-5-billion-ai-data-center-push"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260430/i33.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260430/p33#a260430p33" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Francisco Rodrigues / <a href="http://www.coindesk.com/">CoinDesk</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.coindesk.com/business/2026/04/30/mara-holdings-to-buy-long-ridge-energy-in-usd1-5-billion-ai-data-center-push">Bitcoin miner MARA Holdings agrees to acquire Ohio gas plant operator Long Ridge Energy &amp; Power for $1.5B including debt, to power its AI data center expansion</a></b></span>&nbsp; &mdash;&nbsp; The deal includes a 505 MW gas plant and 1,600 acres in Ohio, offering over 1 GW power capacity for future AI and IT buildout.</p>