Marathon Acquires Ohio Gas Power Plant for Approximately JPY 240 Billion to Strengthen AI & HPC Business Foundation

A Critical Foundation for Comprehensive Digital Infrastructure

Leading U.S. cryptocurrency mining company MARA Holdings (hereafter, Marathon) announced on April 30th that it will acquire the Long Ridge Energy gas power plant in Ohio for $1.5 billion (approximately JPY 240 billion).

The final agreement to purchase from FTAI Infrastructure has been signed. The acquisition includes a high-efficiency combined cycle gas power plant, data centers...