MARA and MPLX Collaborate on Energy and Data Center Development in Texas

MARA Holdings has partnered with MPLX to develop integrated power generation and data center facilities in West Texas, starting with an initial capacity of 400 MW and the potential to scale up to 1.5 GW. MPLX will supply natural gas from its Delaware Basin processing plants to power MARA's data centers, enhancing energy reliability for both companies. This collaboration coincides with MARA's strong third quarter results, showing a net income of $123 million and a staggering adjusted EBITDA increase of 1,671% to $395.6 million. Revenue rose 92% year-over-year, reflecting an energized hashrate increase of 64%, now at 60.4 EH/s, with bitcoin holdings nearly doubling to 52,850. Despite this impressive performance, MARA shares experienced a 2.3% drop in early trading due to a broader market sell-off in both cryptocurrency and traditional sectors.

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