MARA Holdings (NASDAQ:MARA) has bolstered its energy footprint with a 1,200+ acre Matagorda County site securing 2,000 MW rights and a 2 GW pipeline—phasing 1 GW by Oct 2027 and 2 GW by Apr 2028—after 2025 infrastructure deals, even as Morgan Stanley cut its price target and kept an underweight rating.
Previous Week Recap
- MARA Secures 2,000 MW Pipeline: MARA closed purchase of a 1,200+‑acre powered site in Matagorda County, TX, securing rights to 2,000 MW and a 2 GW pipeline; phased build targets 1 GW Oct 2027, 2 GW Apr 2028.
- Morgan Stanley Cuts MARA Target: Morgan Stanley kept an underweight on MARA and cut its price target to $5.50 from $7.00, reflecting its current valuation and outlook.
- MARA Acquires Energy Asset: MARA Holdings acquired an energy/digital infrastructure asset in 2025, complementing its 2025 stake in Exaion, partnership with Starwood Digital Ventures and Long Ridge Energy & Power purchase.
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