MARA Holdings to buy Long Ridge Energy & Power for $1.5 billion from FTAI Infrastructure

FTAI Infrastructure

30/04/2026 11:15

Of the $1.5 billion purchase price, $785 million is assumed debt

Transaction supports MARA's pivot to digital infrastructure and power

By David French

NEW YORK, April 30 (Reuters) - MARA Holdings MARA.O told Reuters on Thursday it has agreed to buy Long Ridge Energy & Power from FTAI Infrastructure FIP.O for $1.5 billion including debt.

With its roots in Bitcoin mining, MARA has been pivoting its business towards digital infrastructure and the energy generation to support it at a time of huge advancements in artificial intelligence.

 (Reporting by David French in New York
Editing by Bernadette Baum)

 ((davidj.french@tr.com))