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Long Ridge Energy & Power

Coverage of Long Ridge Energy & Power in the Nexus archive.

Earliest in view: May 12 · 15:33 UTCMost recent: May 12 · 15:33 UTC
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  • BUSINESSMay 12 · 15:33 UTCBITCOIN MAGAZINE
    MARA Dumps $1.5B in Bitcoin as Miner Trades Treasury Hoard for AI Power Bet

    MARA Holdings has sold $1.5 billion worth of bitcoin to refocus on power infrastructure and artificial intelligence data centers, reporting weaker financial results and a net loss of about $1.3 billion. The company is pivoting from aggressive expansion of dedicated mining capacity to energy and data infrastructure. MARA's strategic shift positions it at the center of two energy-hungry sectors, bitcoin mining and AI compute.

Long Ridge Energy & Power · Dossier · The Nexus