MARA Acquires 1,200-Acre Texas Site for AI and Bitcoin

MARA Holdings, a major Bitcoin mining company, announced on Thursday, July 9, 2026, that it has agreed to acquire a 1,200-acre powered land site in Matagorda County, Texas, from synthetic fuels developer HIF USA. The deal marks a significant expansion of the company's digital infrastructure portfolio as it pivots to meet rising demand for high-performance computing and artificial intelligence workloads alongside its core mining operations.

The site, located approximately 90 miles southwest of Houston, provides MARA with access to substantial electrical grid capacity. The company expects the location to deliver up to 1 gigawatt of capacity by October 2027, scaling to a total of 2 gigawatts by April 2028, pending regulatory approvals. MARA plans to develop the property into a large-scale digital infrastructure campus in partnership with Starwood Digital Ventures, designed to support both Bitcoin mining and flexible compute services for AI and other high-performance computing tenants. Company officials stated that the site has already attracted interest from potential HPC clients.

Under the agreement, HIF USA will retain a minority stake in the project once a computing tenant signs...