Core Viewpoint - MARA Holdings, Inc. has entered a strategic partnership with Starwood Capital Group to develop next-generation digital infrastructure, aiming to deliver approximately 1 gigawatt of near-term IT capacity with a pathway to over 2.5 gigawatts [1][2][3] Group 1: Partnership Details - The partnership will involve joint development, financing, and operation of digital infrastructure projects across MARA's existing power-rich portfolio [2] - Starwood Digital Ventures will lead the design, development, tenant sourcing, construction, and facility operations, while MARA will provide dedicated energy-advanced data center sites [2][3] - The collaboration is expected to accelerate the buildout of digital infrastructure, enhancing project-level economics through Starwood's investment expertise [2][3] Group 2: Strategic Advantages - MARA's sites provide predictable access to energy at scale, which is crucial for customers needing capacity certainty for diverse workloads [3][4] - The partnership will prioritize sites with low-cost energy access and strong interconnection positions, allowing for flexibility in operations between Bitcoin mining and AI compute [5] - This flexibility is anticipated to create upside for both partners and support long-term growth [5] Group 3: Company Background - MARA focuses on deploying digital energy technologies to transform excess energy into digital capital, balancing the grid and advancing critical infrastructure [9] - Starwood Capital Group manages over $125 billion in assets and has a significant presence in the data center development sector, with a strong portfolio and investment capabilities [10][11] - Starwood Digital Ventures specializes in digital infrastructure investment, leveraging a team with extensive data center expertise [12]
MARA Announces Strategic Partnership with Starwood to Accelerate Delivery of Cutting Edge Hyperscale, Enterprise and AI Capable Digital Infrastructure