‍MARA Holdings Shares Surge on AI Data Center Expansion

MARA Holdings, a U.S. Bitcoin mining leader, announced a partnership with Starwood Property Trust to convert mining sites into AI-ready data centers. This strategic pivot aims to diversify into hyperscale digital infrastructure, leveraging MARA's low-cost power access.

The deal allows MARA to retain 10-50% equity in joint ventures, while Starwood manages development and tenant sourcing. MARA shares rallied significantly in extended trading. Analysts note that while this is a step towards "power-to-compute monetization," concrete AI revenue is pending, and the stock may still trade as a Bitcoin proxy until long-term leases are secured.

https://cryptovka.com/news/mara-holdings-shares-surge-following-ai-data-center-expansion-deal