MARA and Bitdeer Stocks Rally Thanks to U.S. Operations Expansion
The post MARA and Bitdeer Stocks Rally Thanks to U.S. Operations Expansion appeared on BitcoinEthereumNews.com. Key highlights: Bitdeer jumped 14% after announcing a $36 million manufacturing facility in Nevada MARA gained more than 10% following a major Texas land acquisition Both companies are now working towards building AI infrastructure Shares of MARA Holdings and Bitdeer Technologies pumped Thursday after both Bitcoin mining companies and data center operators announced separate U.S. expansion plans on the same day. MARA stock rallied by 13% to $13.87 before retracing to $13.22 at the close of trading hours. Bitdeer also jumped 14.1% to $14.33. Bitcoin miner MARA buys 1,200-Acre Texas site Before the stock rallies, MARA shared that it had agreed to purchase 1,200 acres of land in Matagorda County, Texas. This would provide the company with access to a considerable amount of electrical grid capacity in that area. The location can produce a capacity of up to 1 gigawatt by October