MARA Holdings' stock soared 14.56% in pre-market trading, marking a significant upward movement for the energy and compute infrastructure company.
The surge follows the company's announcement of a strategic partnership with Starwood Capital Group and its data center platform, Starwood Digital Ventures. The agreement focuses on converting and expanding select MARA sites into next-generation digital infrastructure to meet growing demand from enterprise, hyperscale, and AI customers. The joint platform is expected to deliver approximately 1 gigawatt of near-term IT capacity, with a development pathway to more than 2.5 gigawatts.
This partnership, announced alongside the company's fourth quarter and fiscal year 2025 financial results, signals MARA's strategic expansion beyond bitcoin mining into high-performance computing and AI-capable digital infrastructure, which investors view as a transformative growth opportunity.