MARA Holdings has expanded its AI infrastructure plans with a major Texas land deal. The Bitcoin miner agreed to buy a 1,200-acre powered site from HIF. Its shares rose in trading after the announcement, extending recent gains in 2026.
As per the report, the company said the Texas site is expected to provide access to 1 gigawatt of grid capacity by October 2027. The total available capacity is expected to be 2 gigawatts by April 2028. The site is intended for a huge-scale digital infrastructure and Bitcoin mining.
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MARA Holdings Plans Texas AI Campus as HPC Demand Rises
The agreement marks another step in the company’s move beyond mining alone. As demand for high-performance computing continues to rise across the industry, Bitcoin miners have been looking for new revenue streams. AI infrastructure has become a key area of interest for the sector.
MARA Holdings announced it will work with Starwood Digital Ventures to develop the property. The partners are planning to create a large campus of digital infrastructure. The campus will have high-performance computing, flexible compute services, and bitcoin mining support.
The company said the site has already received interest from possible high-performance computing tenants. HIF will retain a minority stake following the signing of an HPC lease. Later this year, construction is expected to begin in phases, pending regulatory approvals.
The stock rallied, albeit significantly, following the announcement. Yahoo Finance data showed MARA shares climbing to $13.22. The move left the stock up more than 9.9% on the day and over 47.22% year to date.
Why MARA Holdings Expands Energy Assets for AI Demand
MARA Holdings has also been on an energy-based computing expansion spree this year. The firm entered into a $1.5 billion acquisition of Long Ridge Energy & Power. That deal brought another massive energy resource in for its computing plan and future AI infrastructure expansion.
The Texas purchase is an extension of that previous expansion. It provides the company with another location to host blockchain and AI workloads. The power capacity is tied to the demand for digital infrastructure from scale mining, cloud, and high-performance computing operations.
Other publicly traded Bitcoin miners are also shifting to AI-centric infrastructure. IREN Limited recently acquired Spain-based Ingenostrum, also known as Nostrum Group. The deal provided around 490 MW of secured grid-connected power and the first European AI cloud base for IREN.
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