Matagorda County, Texas site
Site rights secured after June 30, 2026; ERCOT and interconnection approvals still needed.
The numbers
What it is
MARA signed a definitive agreement for rights to a site in Matagorda County, Texas, with up to 2 GW of capacity. The company plans to use it to replace hosted mining capacity with wholly owned sites as third-party contracts expire.
Why it matters to the stock. A 2 GW site would be far larger than MARA's current footprint and is the main source of future power capacity for the AI and computing plans. Approvals from ERCOT and the grid operator decide when it can be built.
News
MARA amends Texas site purchase: $100 million deposit and a sale process replace forfeiture terms
MARA signed a First Amendment to its Matagorda County site purchase agreement with HIF USA on September 21, 2026.
MARA signs deal for 1,200-acre Texas powered-land site with up to 2 GW of grid capacity
MARA signed a definitive agreement with HIF USA to acquire a powered-land site of more than 1,200 acres in Matagorda County, Texas, about 90 miles southwest of Houston.