MARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center push
Burns Brief
The deal includes a 505 MW gas plant and 1,600 acres in Ohio, offering over 1 GW power capacity for future AI and IT buildout Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The deal includes a 505 MW gas plant and 1,600 acres in Ohio, offering over 1 GW power capacity for future AI and IT buildout.
Key Takeaways
- The deal includes a 505 MW gas plant and 1,600 acres in Ohio, offering over 1 GW power capacity for future AI and IT buildout