MARA

The key constraint in AI is the availability of power. MARA sits on over 1.1 GW of energized capacity, with the land already in place to host AI workloads. MARA CEO @fgthiel shares more with @mattmiller1973 and @daniburgz on Bloomberg Open Interest. Watch the full interview: bit.ly/4nvd3ZJ

The best companies don't just manage their constraints — they own them. MARA started asset-light. Today, it owns and operates 70% of its infrastructure. @theRealSalKhan, CFO, at NAFES 2026:

To clarify: @MARA has not sold an additional $1.5B of BTC. Some recent commentary has incorrectly characterized BTC sales previously disclosed in connection with our debt reduction efforts as new or incremental sales. Those sales were part of the debt reduction activity announced at the end of March (Q1).

MFTV: Cynthia Lummis on the Future of Bitcoin Policy in America ▶️ WATCH: youtu.be/9_w-Ww-E8ew Few lawmakers have done more to put Bitcoin on the map in American politics than Senator Cynthia Lummis. At a pivotal moment for digital asset policy in Washington — and following her recent announcement that she does not intend to seek re-election — Sen. Lummis joins MARA Foundation’s @isabelfoxenduke for a conversation on the future of Bitcoin in the United States and the political battles still ahead. In this inaugural episode of MARA Foundation TV (MFTV), Lummis discusses the path forward for crypto market structure legislation in the U.S., what’s needed to get the CLARITY Act across the finish line, and how policymakers may overcome potential resistance from the banking industry. The conversation also explores our prospects for a federal Strategic Bitcoin Reserve, the importance of protecting Americans’ rights to self-custody, safeguards for Bitcoin builders and developers, and who may carry the torch for Bitcoin policy leadership in Washington after Lummis’ retirement. Watch the full conversation below — and welcome to the very first episode of MFTV 💫

AI demand isn't waiting 7-10 years for infrastructure to catch up. MARA's agreement to acquire Long Ridge shortens that timeline, at below-replacement cost. Learn more: bit.ly/4wdcSWL

MARA's Q1 2026 Shareholder Letter is here. Read the full report: bit.ly/4wG1cfJ

Missed our Q1 2026 earnings call? Listen to the full replay here:

Referring to @MARA's Starwood partnership - "Because MARA's site contribution is recognized upfront as equity, MARA's cash requirements are deferred until its site contribution has been fully credited against the project's capital needs. From there, MARA's ownership stake is proportional to its total contribution relative to the project's capital requirements. In the illustrative 200 MW project, MARA could achieve 50% ownership with up to $50-100 million of net annualized stabilized cash flow (based on a range of 9-15% yield on cost) for little to no incremental equity exposure beyond its site contribution."

@MARA Q1 2026 Highlights: - The Starwood strategic partnership moved from announcement to execution during Q1 2026, with permitting and site preparation advancing across MARA’s portfolio. - Approximately 90% of MARA’s non-hosted capacity is being evaluated for conversion into AI and critical IT compute infrastructure. - MARA expects to sign one or more tenant leases by year-end. In the letter, we provide a hypothetical example of potential economics with Starwood.

Please tune it at 5PM EST today to listen to @MARA's Q1 2026 earnings conference call. Access the webcast here: event.webcasts.com/starthere.jsp?…

Join us live for the Q1 2026 earnings call at 5PM ET. Webcast: event.webcasts.com/starthere.jsp?…

What does it take to host AI and critical IT workloads at scale? Existing campus infrastructure. Power priced below replacement cost. And the owned capacity to grow. That's the strategic logic behind MARA's agreement to acquire Long Ridge. Learn more: bit.ly/4wdcSWL

A 1GW+ digital infrastructure campus can take 7–10+ years to build. Upon closing, MARA would acquire Long Ridge Energy & Power, a campus with 1GW+ total potential power capacity. Hear from Chairman & CEO @fgthiel on why this positions MARA to accelerate its AI infrastructure buildout. Learn more: bit.ly/4wdcSWL

Long Ridge checks all the boxes, allowing @MARA to establish one of the best digital infrastructure campuses in the world with the rare combination of operating generation + large-scale interconnect + developable land in the best location for monetizing optionality for HPC development (PJM). Power ✅ Land ✅Water ✅Fiber ✅ Advanced discussions with investment grade tenants ✅ $15/MWh all-in operating cost ✅

Funding discipline is part of MARA's digital infrastructure strategy. MARA has multiple non-dilutive financing sources on hand for the anticipated Long Ridge closing. View the source deck: d1io3yog0oux5.cloudfront.net/_54fcbb1e30e6b…

Watch the replay of MARA’s conference call on its definitive agreement to acquire Long Ridge Energy & Power and learn more about our AI infrastructure strategy.

MARA expands its AI infrastructure pipeline by entering into an agreement to acquire Long Ridge Energy & Power, which owns, among other assets, a highly efficient 505 MW nameplate CCGT power plant and over 1,600 contiguous acres in one of the world’s largest AI and data center infrastructure markets. Read the full release: ir.mara.com/news-events/pr…

Learn more from today's announcement by viewing our investor presentation slides: d1io3yog0oux5.cloudfront.net/_54fcbb1e30e6b…

Here is the link to slides from today's call: d1io3yog0oux5.cloudfront.net/_54fcbb1e30e6b…