Agreement signedPublished 19 Dec 2023

MARA USA Corporation /
GC Data Center Equity Holdings, LLC

Marathon agrees to buy Bitcoin mining site owner for $178.65 million

Buy side: MARA USA Corporation
Buy sideMARA USA Corporation
Target: GC Data Center Equity Holdings, LLC
TargetGC Data Center Equity Holdings, LLC
Source · 19 Dec 2023
Buy side: MARA USA Corporation
Buy sideMARA USA Corporation
Target: GC Data Center Equity Holdings, LLC
TargetGC Data Center Equity Holdings, LLC
01 / BuyerMARA USA Corporation
02 / TargetGC Data Center Equity Holdings, LLC
01

What happened

MARA USA Corporation agreed to purchase 100% of the equity interests of GC Data Center Equity Holdings, LLC from GC Data Center Parent, LLC. The base purchase price is $178.65 million, subject to customary adjustments.

The transaction covers two operational Bitcoin mining sites with a combined 390 megawatts of capacity. Closing is subject to customary conditions.

02

The source

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01
Source · Original source

Marathon agrees to buy Bitcoin mining site owner for $178.65 million

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Timeline

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