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