MARA Holdings shares rise sharply after the company agrees to purchase a large plot of powered land in Texas for $600 million, according to reporting from Yahoo Finance and Decrypt. The deal centers on securing infrastructure suitable for expanding the company’s Bitcoin mining operations, which rely on access to electricity and supporting facilities. The purchase is also described as enabling MARA’s broader expansion plans, including additional compute capacity related to artificial intelligence ambitions. While the articles emphasize the acquisition’s scale and the role of the Texas site in powering mining activity, they do not provide further details in the excerpts provided regarding timing, permitting, or the specific power arrangements. The common theme across outlets is that the company’s agreement to buy the land—and the associated power-readiness—drives investor interest, contributing to the reported stock jump. The $600 million figure is consistently cited as the size of the acquisition.