• Marathon Digital Holdings is trading 4.35% down at $12.64 today, following a significant rally yesterday driven by its definitive agreement to acquire a large-scale powered land site in Matagorda County, Texas, from HIF USA LLC.
  • The acquisition, announced on July 9, is a major move to expand into AI and digital infrastructure, expected to more than double MARA's potential power capacity to approximately 4.8 GW.
  • This comes after the company reported weak Q1 2026 results on May 11, including a $1.3 billion net loss and an EPS of -$3.31.