Deal terms total $600 million with grid milestones, matthew sigel notes

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Deal terms total $600 million with grid milestones, matthew sigel notes — MARA details $600 million deal terms

matthew sigel reports that MARA has disclosed $600 million in deal terms in its 8-K filing, including post-closing milestones such as regulatory approval and site authorization to receive power.

He adds that the price per watt varies based on scale: $6 at 1GW capacity or $3 at 2GW.

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Sigel previously reported that Strategy's recent $135 million BTC sale does not count toward its $1.25 billion Monetization Program cap. He also noted CIFR's appointment of Bill Blevins as head of grid strategies to strengthen its presence with 2GW in ERCOT's batch zero across three sites here. These developments continue to shape industry expansion and capital deployment.

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