PANews reported on April 30th that, according to Reuters, MARA Holdings announced it will acquire Long Ridge Energy & Power , a subsidiary of FTAI Infrastructure , for $ 1.5 billion, including approximately $ 785 million in debt assumption. Long Ridge owns a 505- megawatt natural gas combined cycle power plant and over 1,600 acres of industrial land in Hannibal, Ohio, where MARA plans to build a data center campus powered by the plant. This transaction marks a significant step in MARA's transformation from a Bitcoin mining company to a digital infrastructure and energy company, and is expected to close later in 2026 , subject to approvals from agencies including the Federal Energy Regulatory Commission ( FERC ). Long Ridge's existing power supply capacity will remain unchanged after the acquisition.