News/Deal/Feb 26, 2026

MARA signs strategic agreement with Starwood Digital Ventures for AI and HPC campuses

MARA signed a strategic agreement with Starwood Digital Ventures to develop, finance and operate AI and high-performance computing campuses on MARA's power-rich sites. MARA contributes sites and energy access, while Starwood handles design, construction, tenant sourcing and operations. MARA can invest up to 50% in each joint venture project, and the first phase is expected to support more than 1 GW of IT capacity.

  • Signed February 26, 2026
  • Initial phase expected to support more than 1 GW of IT capacity
  • Longer roadmap could extend beyond 2.5 GW
  • MARA can invest up to 50% in each project
  • Starwood leads tenant sourcing, construction and operations
Source
MARA Holdings Q4 2025 shareholder letter (SEC 8-K)
Feb 26, 2026
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