Odaily Planet Daily reports that Bitcoin mining company MARA Holdings has announced a partnership with investment firm Starwood Capital Group to build a large-scale data center for AI and cloud computing clients on its existing U.S. mining sites. Following the announcement, the company’s stock price rose about 17% in after-hours trading.
Under the agreement, both parties will convert some of the facilities originally used for Bitcoin mining into AI data centers, with Starwood’s subsidiary Starwood Digital Ventures responsible for design, construction, and client acquisition. The initial phase is expected to provide approximately 1 gigawatt of computing capacity, with plans to expand to over 2.5 gigawatts, jointly funded and operated by both sides.
This partnership marks a significant business transformation for MARA. Given the large-scale power access of its mining farms, such infrastructure has become more valuable amid the rapid growth in AI computing demand. In recent years, under pressure from Bitcoin halving reducing block rewards, rising electricity costs, and increasing competition, many mining companies have shifted toward AI computing infrastructure.
However, MARA states that Bitcoin will remain a core part of its long-term strategy. The management emphasizes that, despite short-term price uncertainties, their confidence in Bitcoin as an asset class remains unchanged.
Financial reports show that the company’s revenue for the fourth quarter was $202.3 million, down about 6% year-over-year, mainly due to a roughly 14% decline in the average Bitcoin mining price.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC Short-Term Rise of 0.63%: On-chain Fund Inflows and Long Positions Drive Gains
Between 22:00 and 22:15 (UTC) on March 16, 2026, the BTC spot market experienced a short-term anomaly with a return rate of +0.63%, with the price fluctuating between 74,367.7 and 74,902.8 USDT and a volatility of 0.72%. Market participation significantly increased, volatility intensified, and short-term trading volume compared to the previous period grew by 18.2%, attracting considerable attention.
The main driver of this anomaly was the rapid inflow of large-scale on-chain funds into mainstream exchanges, with net inflows reaching as high as 1,250 BTC, a substantial increase from previous levels. At the same time, the proportion of active buy orders in the spot market rose to 63%.
GateNews1h ago
Bitcoin’s $71K Rally Has a Hidden Risk – Can This Popular Crypto DOGEBALL Outperform Algorand’s $...
The popular crypto market is seeing renewed momentum as Bitcoin’s rally toward $71,000 reveals a deeper trend analysts are watching closely: traders may be overlooking structural signals that typically precede major altcoin rotations. When capital moves from Bitcoin dominance into alternative
BlockChainReporter1h ago
While Gold and Silver Crash, Bitcoin Flashes Strength – Analyst Says This Is the Biggest Wealth Rotation in History
The market is sending mixed signals that have many investors confused. Gold is dumping. Silver is dumping. Stocks are dumping. Yet Bitcoin stands apart, showing relative strength and even pushing toward new highs.
Crypto expert 0xNobler sees something bigger happening beneath the surface.
CaptainAltcoin1h ago
Michael Saylor Warns Quantum Threat Would Break the Internet - U.Today
Michael Saylor argues that quantum computing poses a universal risk beyond Bitcoin, threatening critical global infrastructure. In response to Chamath Palihapitiya's views on AI and market disruptions, Saylor insists that a transition to Post-Quantum Cryptography will protect Bitcoin and other systems together, emphasizing its resilience as "Digital Capital."
UToday1h ago
Man Alleges Wife Stole $172 Million in Bitcoin After 'Covertly Recording' Him
In brief
A now-estranged wife is alleged to have stolen $172 million in Bitcoin from her husband.
A court filing alleges that she used CCTV footage to obtain the seed phrase for a hardware wallet containing the Bitcoin.
After being warned of the potential theft, the husband set up
Decrypt1h ago
IBM Opens Quantum Hardware to Researchers as Bitcoin Security Threat Looms
In brief
IBM expanded its free quantum computing program, increasing runtime and hardware access for researchers.
The company opened its Heron R2 processor to users who were previously limited to entry-level systems.
Advances in quantum research are pushing Bitcoin developers to prepare f
Decrypt2h ago
